Business & farm


@phedwards2 wrote:

Yes I invested $100k in the partnership and had $250k nonpassive losses, so I could only deduct $100k this year (limited by my invested amount).  So I would like to carryforward the remaining $150k to next year.


You have an at-risk issue.

 

TurboTax should have generated a Form 6198 and also an At-Risk Limitation Allocation Worksheet.