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Get your taxes done using TurboTax
@maynard7 The suspended losses aren't in your return anywhere. They're only in the TT file itself, in the K-1 worksheet. One other option would be to hand all the K-1s to a CPA. It wouldn't take someone familiar with K-1s more than an hour or two to simply total up the suspended values for each MLP.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
‎April 29, 2024
6:08 PM
2,165 Views