yhlook
Returning Member

Report Carryovers (Form K1)

I have a K1 that has carryover from previous year. In my last year's return in form 8582 Worksheet 5 & 6, it says that the form or schedule to be reported on is 4797 Part 1. Any idea which category of passive loss carryover I should be reporting this loss on?

Note that this loss was reported on last year's Form 1065 in Box 9a (Net long term capital loss)

I had a tax preparer do my taxes last year and he claims that he can't provide the worksheet

Thanks