I have -93 on Box 1 (Ordinary business income (loss)) of my K-1, and no prior-year unallowed losses.

    Do I put -93 on column (g), Passive loss allowed, or column (i), Nonpassive loss allowed, of Schedule E, line 28.

    I am not sure if this is relevant, but the sale of the units is also reported as a loss on form 8949, and Box 10 of the K-1 (Net section 1231 gain (loss)) is -4. So the disposition is an overall loss.

    Thanks

    Question about Schedule E Part II when disposing of my entire interest in a PTP
    byu/hiigara2 intax



    Posted by hiigara2

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