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dienlan
New Member

Passive Loss from K1 not included in California state

I have passive loss from schedule K1 from previous years.  I have been using Turboax for many years and this passive loss was carried over to 2024 and deducted in federal tax from my gain of disposing my shares in the partnetship.  This loss was not carried over to California state ax by TurboTax.  How do I enter this passive loss in the state Schedule K1?  attached is the loss shown in the federal K1 form.  Thanks.

passive loss in federal Schedule K1passive loss in federal Schedule K1

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1 Reply
RobertB4444
Expert Alumni

Passive Loss from K1 not included in California state

California treats passive losses differently.  Here is a thread on the topic along with a number of possible solutions to your problem.

 

@dienlan 

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