IOpine
Level 2
a week ago
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Why is ProSeries transferring a capital loss from a passive Activity in Box 9a of the Form 1065 K-1 directly to the Schedule D bypassing the Form 8582 in spite of the Treasury regulations that passive capital losses are passive deduction losses that must have passive income to offset?
Labels
Level 15
a week ago
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Passive activities are not reported in box 9A. I believe they are reported in box 11