K-1: Box 11 - Other income

[mellynlee]

I have a Schedule K-1 (Form 1065) that lists $2 in box 11 (Other Income (Loss)). It also has a code 'A*' in the box next to it. There is an attached page that states 'Other Portfolio Income, Box 11, Code A'. It states the Description to be 'NONPASSIVE RENTAL INCOME' for the $2.

When I enter this in TurboTax, the next screen asks me to "Enter Code A Detail" regarding the $2 on box 11. The choices are:

Income or Loss from REMIC

Excess Inclusion from REMIC

Section 212 Expense from REMIC

Other Portfolio Income (Loss) to be Reported on Schedule E, Page 2

I have Another Description Item

I'm guessing I should check one of the last 2 items, but not sure which.

[Mike9241]

choose schedule e page 2

[mellynlee]

Thanks! I meant to also state that this is NOT from rental income, but is from a Limited Partnership that purchases real estate.

Still good for Schedule E?

[PatriciaV]

Yes, non-passive income relating to Schedule K-1, Box 11 Code A is reported on Schedule E, page 2.