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Form 3801 CR Passive Activity Credit Limitations Form 3801 CR Passive Activity Credit Limitations

Form 3801 CR Passive Activity Credit Limitations Form 3801 CR Passive Activity Credit Limitations

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Instructions and help about Form 3801 CR Passive Activity Credit Limitations Form 3801 CR Passive Activity Credit Limitations

all right for this video I want to go over a sample form 1040x which is an amended US income tax return now in this scenario we're going to look at a 2023 Amendment for a taxpayer here j&q taxpayer and she needs to file an amended return because she incorrectly reported a schedule K1 partnership investment as a non-passive activity when it should have been passive so we'll look at the 1040x here which is Pages we've also got the amended uh 1040 so we'll have a look at the changes that are made and then how those values could carried over to the 1040x we've got the original return here uh which we'll need to have a look at to see what went wrong and how to report the original numbers and then we'll also have the schedule K1 from the investment so we'll take a look at this as well we've also got one slide here covering some background on the amended returns and more details on the fact pattern now when we tal

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