K1 losses

I had K1 losses in 2023 and in 2024 from form 1065.....but no passive income. When can I utilize these losses to reduce my tax liability?

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K1 losses

Passive activity losses will be recorded on IRS form 8582 Passive Activity Loss Limitations.

The passive losses will be used when you report other passive income such as rent or royalty income.

See also this TurboTax Help.

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