I have scheduled K-1 losses that are not deductible, but the return copy does not provide a passive loss carryover statement - how can I download it? Note: it is PPT pal from K-1 and does not flow to 8582.
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The suspended passive loss should appear on Form 8582.
I am referring to passive loss from schedules k-1 from PPT partnerships. That loss does Not flow to 8285 … your answer is relevant to rental income not k-1 income
Also is applicable to passive trade or business activities.
See https://www.irs.gov/instructions/i8582#en_US_2021_publink1000278200
It does not apply to PPTs - publicly traded partnerships. My question is still open ..
Ok, right.
If it is a PTP, then you should have a Publicly Traded Partnership Worksheet in your tax package.
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