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Business & farm
@DragomirP Yes, since you will be reporting the 'qualifying disposition' of your activity in a fully taxable transaction in 2020, you will be able to take the carryover loss.
When entering a 2020 Final K-1, you will be able to indicate the actual disposition date.
Click this link for more info on Final K-1 for Partnership.
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March 23, 2021
1:07 PM
5,488 Views