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!!
You'll need to sign in or create an account to connect with an expert.
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).
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.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
baldietax
Level 6
Cat_Sushi
Level 3
dextertexter
Level 2
LJN123
Level 2
adamgordon2002
New Member