Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- ProSeries Tax
- :
- ProSeries Tax Discussions
- :
- LA Tax Pro Needed
LA Tax Pro Needed
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
msmith7305
Level 7
09-22-2024
08:59 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I have a TX resident who is a passive partner in a partnership. The Fed K-1 shows a loss of $30,000. The LA K-1 for this partnership shows a loss of $5,000 attributable to LA. He, of course, has a suspended loss on his federal return. Shows on Form 8582 as expected. It is my understanding that the $5,000 loss is suspended for LA as well. However, I find nothing in the return for Louisiana that shows there was a suspended loss and no tracking mechanism. Any thoughts on this?
Thanks in advance
Labels
