Yes, the capital losses would end up on Schedule D the same way. Whether you enter the amounts in a K1 or as an investment income/loss. The carryforward would also be the same. You can file with the entry the way you entered it in your TurboTax return.
If the loss should happen to occur in an IRA, then it would not be included in the tax return unless you actually received a distribution. No earnings inside of an IRA have ever been taxed, any deductible contributions to a traditional IRA have not been taxed so therefore any loss in the account would not be included in your tax return until and unless you receive a distribution.
@srichard56
[Edited: 04/06/2025 | 12:31 PM PST]
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