Anonymous
Not applicable

Retirement tax questions

is there a profit or loss for 2018?   is the partnership a publicly traded one (there will be a boxed checked on K-1 at upper left)?  if loss do you have basis and are you at-risk? .  


k-1 profit and loss is now on schedule 1 line 17 so check to see if an amount there.  the net of schedule 1 thru 5 now appears on line 6 of 1040.