- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
I suspect that I may have at-risk losses that I have not carried forward from previous years...
I have K-1 from publicly traded partnerships (PTPs). In years past, I believe I have always stated that my losses were "at-risk": at least in the printouts I have from past years there is a check box for each of these partnerships with an "X" in that box... don't think that my memory is so good that I can remember how I answered this in 2016! As one proceeds through the TurboTax questionnaire, one comes to a page that says "Describe the Partnership" and one of the boxes is "I have At-Risk Losses from year Y", where Y is the previous year. How do I tell how I answered that question in years past? Could our tax code be any more complicated? Seriously...
Thanks,
47acre94