@Diane in MT wrote: Thank you for this. It is a passive loss, but shouldn't TT take into account the special $25K allowance and allow the loss against non-passive incomer?
Thank you for this. It is a passive loss, but shouldn't TT take into account the special $25K allowance and allow the loss against non-passive incomer?
Not for a figure that appears on Line 3 of your K-1.
