Publicly traded patnership

[liberty]

New client came in with 2 k-1, one from platinum energy partners 2007 LP, the other from calumet specialty products partners L.P..
Limited partner or other llc member box is marked.
I use proseries. If I marked them as Publicly traded partnership(PTP), then the loss shows on Form 8582 3b and 3c.
If I do not mark this k1 us PTP, then the loss does not show on Form 8582 3b or 3c.
Is this k1 PTP or not.

[Lion]

What does the K-1 say? Or, the cover letter? Or, the full instructions that came with the K-1 or that you can get from Calumet Specialty Products Partners and Platinum Energy Partners? Or, via TaxPackageSupport.com? Or, your client? Or, the broker that talked him into investing in something that he does not understand the tax implications of?

[kathyc2]

Is this k1 PTP or not.

Is box D of K1 checked that it is a PTP? Pro is handling it correctly. PTP losses are not reported on 8582- see instructions for form.