ThomasM125
Expert Alumni

Business & farm

You can only file one form 8582 with your tax return. Since your K-1 entry generated one, you will have to use that one to enter any carryover numbers from the previous year. Prior year loss carryovers are entered on line 1(c) and 2(c) in Part I of form 8582. Your loss carryovers from last year are listed in Part VII.

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