- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Hey, your advice from a couple years ago has been extremely helpful but what if the sale of the PTP is only a partial sale...how do you enter the ordinary gain on the K-1 so that it flows to form 4797 correctly but doesn't trigger passive loss carryovers to offset? Since my understanding is you cannot use passive loss carryovers until the entire asset is disposed of. Thanks!
March 27, 2024
10:15 AM