K-1 has an amount for "allocable share of debt: Nonrecourse debt" which I entered into K-1 Part II-K (1065)-no effect on taxes. Should the amt be entered elsewhere, too?

[AmandaR1 · Accepted solution]

No, that's part of the basis calculation, which is a running total of your investment in the partnership. All of the items to the right (for each year), plus your initial investments, are what make up your p-ship basis. When you sell your interest or the partnership dissolves, you'll need this information.