- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
@GoodShip, Right, but it is very important for tax preparers to realize the difference in checking the box that says "complete disposition". When you check this box, TT releases all suspended passive losses from prior years to be used now, in the current year. If your don't check this box, and do it as a "partial sale of units", then all the carryover passive losses will not be released, and could get wasted or lost. To differentiate in TT between full and partial disposition is extremely important. Am I missing something?
‎June 7, 2019
4:05 PM