When I enter a K-1 showing a significant loss it doesn't seem to reflect it. ie, I fill out the K-1 just like I did last year and instead of showing a $24,450 loss it just shows a zero. I have five K-1 forms with 4 showing significant losses and one showing a modest profit. All of them show a zero beside the respective entry but the one with the profit slightly changed my taxes due amount. I've entered and re-entered the numbers and can't figure out why it's not reflecting my losses. Note: most of my income is from real estate rentals so the losses should offset this. All the K-1 are passive in that we're not actively involved.
