yes thank you very much. appreciate for the help. I do have another question as I received several K-1 this year. In turbo tax premiere under "describe the partnership" and it ask me to answer several options. One of them that I don't understand is the box where it says "I have passive activity losses carried over from last year". All my schedule K-1 are PTP and in the schedule K-1 form is there a box that indicates that I need to check this "passive activity losses" box? If box 1 has negative value is that considered a passive activity loss?
