cpamom78209
Level 1
06-15-2020
08:37 AM
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I agree with the conclusion that if the PTP loss is suspended the related PTP 199A loss would be suspended. However, I have a final PTP K1 in which the loss is now fully allowed. Lacerte worksheet for QBI shows "loss disallowed due to basis, at risk, or passive rules:". The K1 is marked final and Sch E is claiming the losses. Is there some additional input required in order to release the QBI loss also?