@Rick19744 @nexchap @Mike9241 @tagteam
Hi Folks, I sat down today to finalize and submit the amended taxes based on the final K-1 I received (described above).
The Fed taxes look good... thanks for the guidance.
On my California taxes it appears that my carryforward of past year's business losses (I was a passive LLC member and just received the final 2021 K-1) are being negated which seems odd.
Can any one of you confirm that is the proper Calif treatment? Essentially no business losses are allowed according to how it's currently entered in TT. (Seems hard to believe).
Thank you once again!
