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Business & farm
Thanks Rick, will keep your suggestion on amend in mind.. But even if there is no tax impact in the prior return, but there was a loss carryover, is that something I can indicate in the next return without amending the prior return?
1) Where did you get $1656 for carryover losses in 2017? For 2016, I see $1539, curious how you got to $1656?
2) Yes for 2018, I would likely need an accountant to do this right.. But was trying to assess everything till now..
3) Finally, I also have the CA return to deal with.. What would the impact of the K1 on CA? I see a statement along with the K1 that has some amounts against each state.. Thanks a lot.
1) Where did you get $1656 for carryover losses in 2017? For 2016, I see $1539, curious how you got to $1656?
2) Yes for 2018, I would likely need an accountant to do this right.. But was trying to assess everything till now..
3) Finally, I also have the CA return to deal with.. What would the impact of the K1 on CA? I see a statement along with the K1 that has some amounts against each state.. Thanks a lot.
‎June 5, 2019
2:26 PM