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Cfoteh
New Member

K1 passive loss carryover is doubling

Final K1 with current year loss. Complete disposition by abandonment.  I have entered K1 passive loss carryover from last year and verified all numbers are correct. However, it seems there is a glitch. On my return, TurboTax doubles the carryover loss. If I remove the loss from Regular Tax and only enter it under QBI, the printed tax return is correct, but TurboTax won't let me file unless the loss is also entered under regular tax. I tried getting around it by entering -1 under regular tax and the remainder under QBI, but it still isn't right (though it's only off by -1. I've asked 4 "experts" on the phone with no help and have spent ridiculous hours on this one problem preventing me from filing.

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