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New Member
posted Nov 8, 2019 7:53:56 AM

Schedule K-1

I was trying to amend my return with a real estate income loss on Schedule K1 - but it did not change the amount of my refund

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1 Replies
Level 15
Nov 8, 2019 9:20:04 AM

In short, rental real estate losses are generally considered to be losses from passive activities and subject to passive activity loss limitations. Most likely, that is what is occurring in your case.

 

See https://www.irs.gov/publications/p925#en_US_2018_publink1000300686