I have been using TT to prepare my taxes since 2015, but I have switched between online and desktop versions, and this has caused problems with allowing TT to store my data and carry it over to future years. Also I have in some years changed my log in information, so the TT internally stored data is not reliable for me.
Each year I have enter the relevant "capital loss carryforward" information manually. I am wondering now (since it's the first time for this MLP to produce Box 1 Business Income where is the cumulative K-1 Box 1 "Business Loss carryforward" for this particular MLP stored? I don't see it on any previous tax filings. Do you have any idea where on an individual's tax forms are "accumulated suspended business losses" for a particular MLP?
If not, do you have any idea what is the formula to calculate it myself? I have all the K-1s from 2015 to present (lots of losses!!), and I've added to but never sold this particular MLP.
