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K1x Ideas
Status Will not implement
Categories 990 Tracker
Created by Guest
Created on Dec 1, 2022

K-1A Form 8582, Worksheet 5 - Population of worksheet 5 to 990-T

Worksheet 5 – Our comment for Worksheet 5 is similar to our comment above regarding Worksheet 3. Is C-TRAC able to populate Worksheet 5 with net losses reported through the K-1 scan within K-1 Analyzer? When multiple investments are reported, does C-TRAC calculate the ratio in Column B to determine unallowed loss, or is that a calculation the user completes manually?

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