Still not clear
Form 6198: Part II line 6 is 0. Part IV lines 20 & 21, Amount at risk and Deductible loss are 0.
Maybe I'm supposed to override the loss on line 1 of Section A, Passive Activity Adjustment to Income or Loss, of the K-1 S form. Doing that does zero out the loss on Schedule E, Part II line 32. It still does it in an odd way on Schedule E, Part II line 28.
What I call an odd way on Sch E, Part II line 28 is this:
The S Corp name is listed on one row with the carryover loss from last year in the income column k.
PYA is listed on the next row with the carryover loss from last year in the loss column i.
The net effect is to not allow a loss for the tax year. It just looks strange.
