ahockcpa
Level 2
01-30-2022
05:41 PM
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Best Answer Click here
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abctax55
Level 15
01-30-2022
05:43 PM
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Not even on Sch D, page 2?
HumanKind... Be Both
ahockcpa
Level 2
01-30-2022
05:47 PM
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LOL, you are too funny. It's not carry to Sch D page 2 as well.
PATAX
Level 15
01-30-2022
06:35 PM
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I believe this question was asked last year on this forum. Do a search and you should be able to find it and I think an answer was given. If my memory serves me right, I think the software is doing it correctly, and I think the number may be part of another number ,but I'm not sure. When you find the post then you should find your answer. Just my opinion.
TaxGuyBill
Level 15
01-30-2022
06:37 PM
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Did you enter Box 9 of the K-1? That is the key.
ahockcpa
Level 2
01-30-2022
07:22 PM
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Thanks!
ahockcpa
Level 2
01-30-2022
07:24 PM
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Ahh, I didn't realize an amount had to be under Sec 1231 gain if it was just the sale of real estate. Thanks so much!