lrambabu1
Returning Member

Get your taxes done using TurboTax

Sorry, getting back to this now, as I need to finish my taxes before my next trip.


@Mike9241 wrote:

you might have had a 1231 loss carryforward. Only the net carries to the 4797

switch to forms mode and review the k-1 worksheet,

 


Actually the number on 4797 part 1, $9,859, seems to be the total of allowed losses from all of my k-1's.

 

Why is that same number shown as a gain on 4797 instead?