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Investors & landlords
@DavidS127 I am moving to TurboTax for the first time from my 2018 tax preparer's version printout.
I have a Schedule K-1 activity with a passive loss carryover from 2018 for 2019.
But I'm confused about whether to use the:
- "Schedule K-1 At-Risk Limitation Allocation Worksheet" associated with the K-1 which has a A line 1 entry for "Carryover Prior Year Loss"
- or "Form 8582 p2 Worksheet 3 line 3c" which has "Prior years Unallowed Loss"
If I put it on both places, it gets double counted.
Which is the preferred place?
‎October 11, 2020
4:26 PM