@idjit -- there's a screen in the interview, just before it asks for carryover, titled "Describe the Partnership" (there's a couple screens titled that way, but this one is where you can check off "I have passive activity losses carried over..."). You would normally check off the 2nd box ("I have passive active losses...") and the 3rd box ("All my investment in this activity is at risk"). Are you also checking off the 4th box ("I have at-risk losses..."), and if so, why? Checking that off brings up questions about at-risk carryovers, but for an MLP that you only owned for a year I wouldn't think that's relevant.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
