@Boyan There's no single entry on the K-1 that will tell you what will be suspended in any given year. If its a fairly "normal" MLP, you can get a quick approximation if you add up Ord Bus Income (box 1) and Sect 1231 gain (currently box 10) over the years. But you can't count on that being the exact figure, because other income / losses over the years may have occurred and would need to be accounted for.
If you want to be exact, as a workaround you could enter the past year's K-1 into your current TT, and see what it puts into suspension. Some of the codes may have changed over the years, but the line item descriptions should still line up. Or just reinstall the past year's versions of TT, and verify that you did the K-1 correctly.
Also be aware that, if your basis has gone below 0, some of your suspended losses can be forfeit. That's yet another wrinkle you'll have to work through in nailing down the correct suspended loss.
As to "where to enter", when you go through the TT interview, it will ask for your carryover. It will then use that, plus your current year K-1, to determine what to transfer to Sched E.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
