Good Morning, I’ll start off by saying I am still under the family Standard deduction for income. My federal refund was near 7000 other self employment income, property tax credit (100 percent disabled vet) and I also own a fitness center (last to receive the k1) as soon as I entered my k1 for the gym which reported a loss my refund dropped 3000. I did have distributions of 10k but the income loss was -7000. Why would this happen? Is it because for some reason the loss isn’t moving over to me? Why would it affect my refund I’m any way even if I’m under standard deduction. Thanks
