It is a K-1 for a partnership. I am at risk, have basis and I materially participate. I meant to say earlier is that I have been able to deduct losses in prior years using other tax software.
I believe the way I answered all of the questions the these software should have treated my loss as a non-passive loss! What else can I possibly do?
Can someone walk me through the answers I need to give in order to be able to take the losses as non-passive losses?
