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jg47wh
Returning Member

K-1 beneficiary inherited property

1. K-1: entered loss on line 11 code D

2. Expected to see a deduction

2. No deduction shown in turbotax premier 

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2 Replies

K-1 beneficiary inherited property

That would be a long-term capital loss which would offset capital gains you might have reported. 

 

Check your Schedule D.

K-1 beneficiary inherited property

Thanks.  Very prompt reply and resolved  question.

 

 

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