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How do I take current losses on an entire disposal of partnership? The program takes carryover losses but not current. Help

mscpat
Level 1
 
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George4Tacks
Level 15

https://accountants-community.intuit.com/articles/1858513-entering-a-disposition-with-a-portion-as-o... may get you started. You also need to consider basis and gain or loss on termination. 


Answers are easy. Questions are hard!

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3 Comments 3
PhoebeRoberts
Level 11
Level 11
I can't reproduce this problem. Have you looked at the 8582 worksheets?
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abctax55
Level 15
:+1::+1:
HumanKind... Be Both
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George4Tacks
Level 15

https://accountants-community.intuit.com/articles/1858513-entering-a-disposition-with-a-portion-as-o... may get you started. You also need to consider basis and gain or loss on termination. 


Answers are easy. Questions are hard!
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