- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
PTP losses never flow to form 8582. Turbotax is handling this correctly. under the tax laws, each PTP stands on its own. passive losses from one can not be used to offset passive income from another PTP or even passive income from a non-PTP. if handled correctly, on disposition the suspended losses will flow to schedule E page 2 and any ordinary income recapture (provided in a supplemental schedule) will flow to line 10 of 4797.
‎August 25, 2022
11:27 AM