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My Schedule E Part V line 41 shows a loss of $9,859. But Form 4797 Part I line 2(g) shows a gain of $9,859 instead (Description: "From K-1"). Why?
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My Schedule E Part V line 41 shows a loss of $9,859. But Form 4797 Part I line 2(g) shows a gain of $9,859 instead (Description: "From K-1"). Why?
This amount is a net of gains/losses from Schedule Part 1 and Part II. Why is this net loss shown as a net gain instead in Form 4797?
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TurboTax Online
‎August 10, 2024
6:15 PM
