I sold 2 PTP stock this year NS & ET.
Is it correct?
I claim "non passive loss allowed" on Schedule E
Add all negative numbers on Schedule K-1 "Line 1 & Line 2" in 2 years
to offsets my gains from (sale stock + distribution).
NS turn out to be equally even. (Do not have Excess Business Interest Expense).
ET is $300 dollar more than I actuated get.
(Excess Business Interest Expense last year $419.00)
