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You can deduct the expenses in the K-1 section of Turbotax as Unreimbursed Partnership Expenses (UPE).
The LLC should have language in its operating agreement that requires you to pay those expenses out of your own pocket without reimbursement.
You can deduct the expenses in the K-1 section of Turbotax as Unreimbursed Partnership Expenses (UPE).
The LLC should have language in its operating agreement that requires you to pay those expenses out of your own pocket without reimbursement.
You will look for the screen below to indicate that you had Unreimbursed Partnership expenses. This will be reported on your Schedule E as UPE.
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