troy
Level 3
06-17-2024
10:18 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Taxpayer is amending form 1040 based on a revised K-1 from a 1065 for additional real estate depreciation as a result of a cost segregation study.
The 1040 is not allowing the loss. I understand it could be a basis or capital account issue, but cannot confirm.
What are some of the buttons / checkboxes / considerations that would prevent the loss from flowing through?
Labels