knegaard
Returning Member

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Annette,

 

Thank you for the suggestion.  I didn’t realize line two on the K1P document for the Code ZZ wasn’t supposed to flow anywhere.  I did what you said and the loss was accepted up to the passive income I had on the K-1 and the rest of the loss shows up as a carryover.

 

Going to try and file amended soon.  

Thanks,

Kraig