You would have to determine what business activity generated the loss. If the loss was from rentals for instance, you could make an additional K-1 entry and enter the loss in box 2 or 3.
It the loss was from ordinary business activities, you could enter it in box 1 on an additional K-1 entry.
Of course, you need to make sure the loss isn't already included in box 1 to 3 on your schedule K-1.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
