I had an LP capital gain. I also have carryforward losses. I entered the gain and the losses did not show up to offset the gain. Is the program not finished yet?
01165
1 Replies
Mike9241
Level 15
Jan 11, 2024 9:05:33 AM
if entered on line 8 of k-1 (ST) the gain should appear on line 5 of schedule D. if line 9a (LT) then the gain should show up on line 12 of schedule D.
carryforward losses come from the carryover worksheet lines 12a,b and 13a,b