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Get your taxes done using TurboTax
Mike, Thanks so much for your prompt reply. You're right; I think I didn't enter all the disposal information in the 2019 schedule K-1 supplemental information statement (K-1 codes 20AH) . However, in reviewing the 2019 information I entered in the Turbotax K-1 dialog, I don't see where I could have checked Final K-1. At any rate, since I didn't extend the 2019 return, it looks like I can't claim this passive loss.
So: Is there a way I can get Turbotax to drop the PTP loss and not have it carried forward any more? I would like to simplify my return. Thanks for your help!
‎August 26, 2023
11:58 PM