Greetings all, I have researched this issue for hours now and am pretty convinced that the problem is in the software, not my head, but I'm sure I'm not the first one to think that.
I have net losses on a K1. I am a general partner, active manager and all my investment was at risk. I enter all this information correctly, but TurboTax always puts my losses at 0. I had similar losses last year and Turbotax allowed me to report the losses. But this year, for some unknown reason, TurboTax won't allow it.
I'm not a tax professional, but I am a lawyer and have been doing my taxes on TurboTax for years and K1 losses have shown up until this year. Part of what is making me think this is a glitch is that I have seen others post on the issue (in this forum and elsewhere). Any ideas?
Thank you in advance!
