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On which lines did your K-1 have entries?
I entered my K-1 information from line 2 as a loss of -$6036 as required. When I finished, the income summary page did not update with this information it remained at zero. I checked last year and it was fine. What changed? ideas? Seems like a bug to me.
Thanks
Thom
Usually, you must check your entries to be sure that you checked material participation so the passive activity rules do not apply. The passive activity rules limit business losses that can be claimed but they do carry forward.
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