Which step by step procedure deals with a passive activity loss carry forward on a partnership that was sold this year? How do I take advantage of the loss?

[mkline]

I assume that I need to file form 8582, but is there some step by step procedure that walks me through this. This is for a limited partnership with a K-1 form.

[TerryA]

When going through the K-1 Step-by-Step there is a screen titled (this is in Deluxe. H&B may be a little different here but it's still there), Describe the Partnership. One of the checkboxes there is I have passive activity losses carried over from last year. Check that box and you will subsequently get the opportunity to enter the suspended loss(es).