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MiLeenaLee t1_jefrq0o wrote on March 31, 2023 at 6:11 PM

Reply to comment by nsharma2 in How do I do tax treatment for startup option exercise that resulted in a full loss? by nsharma2

K1 shows partnership income, if you invest in a business, you own part of it.

I'd be really careful claiming that loss and definitely talk to a professional. (I am one but I would need to see everything you have to make sure I'm understanding correctly)