Investors & landlords

Thanks for the great explanations.

 

Do you have to fill out Form 8990?

Can I choose not to take the deduction? From my K-1My EBIE, Box 13 K, is $2.

Is Form 8990 for Individual Tax Payers or for the actual partnerships?

 

On my K-1 Box 1, Ordinary business income (loss) is negative $5.

Does that amount flow into Form 8582?