Have a partnership with pass-through via K-1 to personal. I do not believe there is any carryover interest expense, but there is other carryovers. So do I answer Yes or No to that question?
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Investment interest expense if treated differently than other expenses.
If you have no excess business interest expense, answer Yes (you do NOT own a pass-through entity with carryover excess business interest expense).
Investment interest expense if treated differently than other expenses.
If you have no excess business interest expense, answer Yes (you do NOT own a pass-through entity with carryover excess business interest expense).
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