Sorry, yes, it would help to have that info.  Had plenty of basis several $100,000 more than the loss he could have taken in 2023.  It is an LLC taxed as an S corp with two members.  Both the tax payer and the LLC have calander tax years.   I also should have said the amount used on both the 2022 and 2023 Sch E part II. Are numbers from the 2022 K-1.  I have the 2023 K-1 and it was like it never existed in terms of the numbers making it to the 1040. I had concluded it was a mistake but since I have been working on more diverse tax situations i feel like I am drinking from a fire hose.  I have learned a lot but realize I have a lot to learn.  I was a pretty confident CFO but tax has humbled me.  Thanks for your help!  Can anybody think of any reason you would just reuse a K-1 for a subsequent year.