Question
K1 box 9a
Issued a K1, form 1065. Box 9a (net long-term capital gain (loss)) has a negative number. As section 199A has multiple EINs and there is information in both boxes 1 (ordinary business income) and 2 (net rental real estate income), I am creating multiple K1s in turbotax. That same negative number is listed in the current year net income (loss) and other increases (decreases) section. It is not listed in schedule of activities section or section 199A information box 20, code Z. Do I enter the amount in box 9a in each of the K1s? If not, how do I figure out the correct amount to put in the different K1s?
