Is Box 8a (Long-Term Capital Gain or Loss) mislabeled as Box 9a when entering a Schedule K-1?

[Flopbot]

When entering a Schedule K-1, Box 8a on my form is labeled as "Net long-term capital gain (loss)" while TurboTax has Box9a labeled as "Long-Term Capital Gain or Loss".  I don't know enough to confirm which one is correct.  Please help!

Thank you in advance for any assistance!

[MarilynG1 · Accepted solution]

The Schedule K-1 is slightly different depending on whether it comes from a trust, partnership or S corporation, so make sure you indicated the type of K-1 that you have. 

Some tax forms have been changed slightly, so you may need to use the Box Descriptions in TurboTax to enter info from your Form K-1, rather than the Box Numbers.

Click this link for more info on Entering Form K-1. 

[Flopbot]

@MarilynG1 

That's it, thank you!  I was entering a Schedule K1 for a C-Corp as a Schedule K1 for a Partnership/LLC on this screen.