EmsBTW2016
Level 4
06-18-2020
12:59 PM
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Partner in K1 (1065) has no amounts at risk. Passive loss not allowed due to no amount at risk (also no income in prior years). Should the box be checked in column F for “check if any amount is NOT at risk”. I would think yes, but maybe is it not getting checked since no losses are allowed so it’s just disregarding that box?
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