$3202 is on Form 4952, line 8, but $2871 is on Schedule A, line 9 (for investment interest). I would prefer not to use an override on Schedule A. Any ideas?

posted

Connect with an expert

3 Replies

$3202 is on Form 4952, line 8, but $2871 is on Schedule A, line 9 (for investment interest). I would prefer not to use an override on Schedule A. Any ideas?

Solved. A portion of the 3202 amount was on Schedule E schedule. The interest was paid by partnerships.

$3202 is on Form 4952, line 8, but $2871 is on Schedule A, line 9 (for investment interest). I would prefer not to use an override on Schedule A. Any ideas?

Take a look at the Form 4952 Investment Income Worksheet to see how the Investment Interest Expense was calculated.

$3202 is on Form 4952, line 8, but $2871 is on Schedule A, line 9 (for investment interest). I would prefer not to use an override on Schedule A. Any ideas?

The worksheet directed me to Schedule E. The worksheet however does not explain why only a portion of the interest paid by two of the three partnerships was moved to Schedule E. The good news is that the total deduction is being caught on the tax return.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Expert does your taxes

Do it yourself

Resources

Support

$3202 is on Form 4952, line 8, but $2871 is on Schedule A, line 9 (for investment interest). I would prefer not to use an override on Schedule A. Any ideas?

$3202 is on Form 4952, line 8, but $2871 is on Schedule A, line 9 (for investment interest). I would prefer not to use an override on Schedule A. Any ideas?

$3202 is on Form 4952, line 8, but $2871 is on Schedule A, line 9 (for investment interest). I would prefer not to use an override on Schedule A. Any ideas?

$3202 is on Form 4952, line 8, but $2871 is on Schedule A, line 9 (for investment interest). I would prefer not to use an override on Schedule A. Any ideas?

Unlock tailored help options in your account.

Get more help

Do you have a TurboTax Online account?

$3202 is on Form 4952, line 8, but $2871 is on Schedule A, line 9 (for investment interest). I would prefer not to use an override on Schedule A. Any ideas?

Do you have an Intuit account?

$3202 is on Form 4952, line 8, but $2871 is on Schedule A, line 9 (for investment interest). I would prefer not to use an override on Schedule A. Any ideas?

$3202 is on Form 4952, line 8, but $2871 is on Schedule A, line 9 (for investment interest). I would prefer not to use an override on Schedule A. Any ideas?

$3202 is on Form 4952, line 8, but $2871 is on Schedule A, line 9 (for investment interest). I would prefer not to use an override on Schedule A. Any ideas?

Unlock tailored help options in your account.

Get more help

Related Content