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Level 1
October 14, 2022
Question

I have 5 k-1's on a return. I entered them incorrectly as showing income and a Schedule 1 was produced. When I corrected to a loss the Schedule 1 disappeared. ??

  • October 14, 2022
  • 1 reply
  • 4 views
Went back and entered as income and Schedule 1 pops back up.
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1 reply

Level 15
October 14, 2022

Is the loss disallowed, such as from Passive Loss limitations or Basis?