Hi TT community
I have a K1 from a partnership in which I am a passive limited partner. My K1 has several line 20 items.
One of the items is ZZ- with STMT written in the box.
TT Easy step is asking for an amount. When I go to the partner's note on my K1 about ZZ, it just has a small chart showing the following:
Analysis of At Risk vs Non At Risk Liabilities
At Risk Not at Risk
Nonrecourse 3834 39695
Qualified Nonrecourse. 0 0
Recourse 0 0
What of the above should I enter in Turbo tax on this issue? Do I need to do a manual form?
Any help appreciated
Thanks much