Skip to main content
Level 3
February 28, 2021
Solved

How can I carry forward a section 1231 loss from a K-1?

  • February 28, 2021
  • 2 replies
  • 35 views

For some reason it isn't showing going forward. It is not all used up.

This topic has been closed for replies.
Best answer by Lori563

I found it right after I posted this! Sorry and thanks!

2 replies

Lori563AuthorAnswer
Level 3
February 28, 2021

I found it right after I posted this! Sorry and thanks!

Level 6
May 4, 2021

Can you share how it worked out for you?

Mine is showing on K-1 final in 2019, it wants me to show a k-1 in 2020 but there is no more s corp that is why 2019 was final. However, if I delete the k-1, carry over amount also disappears. Am i to keep the k-1 just to show the loss carry forward even though there is no actual k-1? Thanks