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Business & farm
Thank you much for your answer. I request to use your expertise again.
Turbotax has a page of questions of which two are:
1. I have passive activity losses carried over from last year.
2. I have at-risk losses carrying over from 2020
This is first year I have this partnership. Will the losses appear on my K-1 in future years, or must I look at the present year (2021) K-1 and remember the boxes that had losses?
Thank you for your time, expertise and research.
‎April 8, 2022
3:24 PM