1401469
My brokerage firm sent a letter saying it might have to file Form 990-T forms on some of my MLP or LP holdings in my IRA and asked me to review any carryforward net operating losses. But where do I find this?
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Are you self-employed and file a Schedule C and had a loss in 2018?
no
Then you would not have any. NOL's are business losses that exceed net income from the business.
I don't believe NOL's apply only to self employed persons. I have K-1's. The letter says "review any carryforward net operating losses for MLPs or LPs . . . this information (ie loss schedule, prior-year K-1 forms) could . . .
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