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LouDog1
New Member

Manual entry from K1 line 20 ZZ into Schedule E line 28 non passive loss column i

Using desktop version;

The non-passive income from my K1 properly flows to schedule E line 28, but K1 line 20 ZZ entry of a non passive loss does not.  There is an asterisk that tells me this must be made by a manual entry.  However, when I open the Schedule E Form and highlight the line 28, column i box, I cannot type in a figure.

Other forms allow me to highlight and type in a number manually, but this won't.

I also tried to open a new schedule E form to complete, rather than the one already created, and I can't seem to open a new one, either.

Please help!!  

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2 Replies
PatriciaV
Employee Tax Expert

Manual entry from K1 line 20 ZZ into Schedule E line 28 non passive loss column i

Instead of reporting a non-passive loss for Schedule K-1 in Box 20 Code ZZ, enter this instead for Box 11 Code ZZ

 

Now go to Forms Mode (F6 or Forms>>Open Forms). 

  1. Find K-1 Partner for this investment and click the form name to open it in the large window.
  2. Scroll down to Part III Line 11 and click the QuickZoom button for codes A, B, K, S, and I to ZZ. This will open the K1P Addl Info worksheet.
  3. Scroll down to Box 11 Line 4. Enter a description for your non-passive loss and enter a negative amount. As the line indicates, this amount will be reported on Schedule pg2 Line 28.

 

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Manual entry from K1 line 20 ZZ into Schedule E line 28 non passive loss column i

I have a similar issue -- K-1 reports Line 11, code zz which, in my case, was for payments to a retired partner.  In entering the amount on the additional info worksheet for Line 11, code zz, the amount DOES NOT flow automatically to Schedule E.  I ended up doing a manual override on Sch E page 2 to properly report this income.

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