I have an LLC that has ownership in another LLC. It has a negative basis in that LLC. Where do I limit the loss allowed in the tax software just for that K-1? - Intuit Accountants Community

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I have an LLC that has ownership in another LLC. It has a negative basis in that LLC. Where do I limit the loss allowed in the tax software just for that K-1?

Michelle101697

Level 2

‎08-18-2022 01:22 PM

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