I didn't use TurboTax last year. I have non-pass loss to report on a K-1 from 2024. It appears on Stmt 1 - Sch E, Page 2. Where do I enter this info for 2025?

[noel-rydecki]

The partnership is still active, and this loss is appearing 1065K-1 for 2025.

[PatriciaV]

A non-passive loss carryover from Schedule K-1 would be entered in TurboTax during the Schedule K-1 interview. 

1. Open your return and navigate to the list of K-1s in your return.
2. Choose "Partnerships" and the K-1 you need to work on.
3. Follow the interview and look for the page "Describe the Partnership" and check the box for "I have at-risk losses carrying over from 20XX."
4. Continue to the page "Enter your at-risk carryovers..." with an embedded worksheet for Schedule K-1 At-Risk Limitations Allocation. 
5. Enter your loss carryovers as negative numbers on the appropriate line from Form 6198 (if you have one). 
6. On a subsequent page, you'll also see a table by year to allow you to report each year separately. Your entries must total to the amount you previously entered.
7. Continue back to the list of K-1s to save your entries.

[AmeliesUncle]

---

@noel-rydecki wrote:
 this loss is appearing 1065K-1 for 2025.

---

What KIND of loss is being carried to 2024?

If the loss is within the Partnership and mentioned on your K-1 from 2025, my first inclination is that the K-1 from 2025 already has it factored in and you don't need to do anything besides enter the K-1.  But if you can clarify what kind of loss carryover it was and the circumstances behind it, that will help figure it out.