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March 23, 2026
Question

How to carry forward 2024 K-1 losses that exceed 10k to 2025 taxes

  • March 23, 2026
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In 2024 tax year, my client received K-1 statement from his limited partnership where he had approx. $20,000 loss. His residence was at the time was TX. He moved to MD 04/25. Can he carry forward his remaining losses to 2025 individual tax return. If so, how?