- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Thank you very much.
I was going to ask you how to find the K1 worksheet, but in the TT interview for the K1, "Describe the Partnership" I finally noticed where it asks if you have "passive activity losses carried over from last year".
If that is checked a "Report Carryovers" form allows me to enter passive loss carryovers... So, I should be good.
Regarding the remaining basis. I do not find that reported on the K1. is that the same as the "ending capital account" or more complicated? I see there is Pub 541 and 925 referred to.
Thanks again
‎October 11, 2025
1:17 PM