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Tags: federal,form
K1 P/S passive loss should be allowed due to disposition but is not calculating on form 8582 in an individual return in SureFire. - This article provides the resolution for K1 P/S passive loss should be allowed due to disposition but is not calculating on form 8582 in an 1040 return in SureFire.
If the K1 contains information for current rentals and a rental that was disposed, then the loss will not flow correctly. The loss due to disposition should be entered on it's own K-1 P/S then select the "Check if 100% of the interest in this passive activity was sold this year"" check box.
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Tags: federal,form