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    jlhbjnhh's Avatar
    jlhbjnhh Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Apr 13, 2009, 04:30 PM
    How to claim K-1 from previous year?
    I have some loss from K-1 form from previsou year. Not much.. few hundred dollars.. I used turbo tax to enter the numbers but I get LESS than actual loss from the K-1.

    First, how do I claim loss from previous year of K-1 form? Second, what is the better way to maximize refund? Thank you.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Apr 16, 2009, 11:59 AM
    Sorry, but you cannot expect an answer to such a complex tax question from a forum like this because we do not have a holistic view of your total financial picture.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #3

    Apr 16, 2009, 07:32 PM

    K-1 for 2007 must be reproted on 2007 tax return. You can amend your tax return.
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