Thanks DianeC958, for your reply.
I qualify on all three criteria but how do I know whether I have suspended losses for California? I recieve K-1 s for my federal taxes and they have suspended losses. Do those apply also to California.? I hope so since Calif is taxing me on ordinary income gains from this PTP. It seems to me, that if they are counting the gains, they should also allow the losses from that PTP. What do you think?
Thanks again.
rrw2012
