poolcleaner
Level 9
07-15-2024
03:07 PM
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How does one show the loss from a prior year partial sale of PTP in the current year with a total sale of remaining interest in the current year? I remember it as carrying forward automatically but that isn't happening.
Another Former All Star
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sjrcpa
Level 15
07-15-2024
03:46 PM
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Are you sure it didn't get used last year, even inadvertently?
Otherwise it should carryover.
The more I know the more I don’t know.
poolcleaner
Level 9
07-15-2024
04:03 PM
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Yes, I had schecked that. It was sold in 2021 and it tried valiantly to be lost for eternity! I just figured out where to put it in the carryover section of the worksheet as the sale of partnership interest. Thank you for the good suggestion.
