L Liz New member Feb 18, 2011 #1 carryover rule apply ? We have each been given a K-1 showing final year deductions of $20,095. Does that mean he had a total loss of over $60,000? It shows Code 11 C and list final year deductions as 20,095.
carryover rule apply ? We have each been given a K-1 showing final year deductions of $20,095. Does that mean he had a total loss of over $60,000? It shows Code 11 C and list final year deductions as 20,095.
