UTAH NONRESIDENT PASSIVE LOSS
Taxpayer has K-1 from UT. Only income items are -1000 from a passive loss (rental real estate) and 100 from interest,
My understanding is that UT recognizes passive losses but not carryover losses. If this is true, does that mean I have to show the 100 interest income but can not take advantage of the 1000 loss?
Would I show only the income from interest on the nonresident return?
Thanks.
