K-1 Losses

[Robwestcoast]

New user.   K-1 losses won't come through to the 1040?   

[Anonymous_]

K-1 losses from what type of entity? An S corporation or LLC/partnership? A final return from an estate or trust?

[Mike9241]

possibly their losses are passive and not rental real estate related or come from a publicly traded partnership.(PTP)

then they are suspended until there is income. 

if real estate, active participation is required but the allowable loss (other than Married filing separately) is limited to $25K. but the amount is completely phased out if you Adjusted Gross Income is over $150K

[Anonymous_]

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@Mike9241 wrote:

.....or come from a publicly traded partnership.(PTP)

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That was my first thought; PTP or other partnership where there is no material participation.