BigRedDg
New Member

Business & farm

I have this exact same issue.  I also had it last year and I spent two hours on the phone with a representative to repair it.  We basically just tried various changes to the K-1 form until we found what worked.  This year, the same issue and I cannot remember what we did exactly last year.  I tried this repair and it worked, although I wonder why I have to wipe out my losses from the previous year to accommodate?  What will be the ongoing effect from this reporting modification?