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Level 5
September 4, 2026
Question

-1 as -1, not 0

  • September 4, 2026
  • 3 replies
  • 11 views

How do you get -1 to actually be -1 and not 0?

    3 replies

    PhoebeRoberts
    Intuit Community Champion
    September 4, 2026

    You find a workaround that produces the desired output. Combine with another field, make an adjustment on a different K-1, anything that gets the right presentation. Then fiddle with basis to get that correct. 

    Sometimes the passive loss carryforward is affected, and I make a note to move the dollar between entities after the next year’s proforma.

    There’s not a good solution here, but anything that produces an accurate tax return is tolerable.

    sjrcpa
    Level 15
    September 4, 2026

    Sometimes entering -1.01 works.

    The more I know the more I don’t know.
    IRonMaN
    Level 15
    September 4, 2026

    This is my favorite question of the year!   But then again, you would have to have a lot of minus ones on a tax return for it to make much of a difference tax wise 😀

    Slava Ukraini!