214483
Publicly traded partnership. Only held 4 months, 12/17 to 12/18. Partnership account is zero, but loss is suspended? How do I get the loss in 2018 return?
The passive loss is preventing the loss on my rental property which is an ongoing business.
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Yes as long as you have basis which I assume you have since it has only been one year.
You need to follow the input questions and indicate that the partnership was disposed.
You will then be asked some follow-up questions; proceeds, cost basis, purchase date, sale date.
Once you respond accordingly, TT will handle the rest.
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