I own few energy PTP (MLPs) and I have sold some MLP in year 2018. Some of them had business income losses in 2018.
In TurboTax (in my 2018 tax worksheets) I can see that it states
Qualified business Income Carryovers
H PTP income suspended Loss (-100) (I made up this number).
I had sold this MLP. For 2019 taxes If delete this MLP from information sheet (as I don't have any new K1), would this "Carry over loss" will be lost in translation?
How to handle this?
