I have to entries under Code I in Box 11 from a K-1:
"Adjustment to Other Income" and "Other income from Schedule of Activities".
Both negative amounts.
Turbotax is suggesting that these go elsewhere but no idea where....
What kind of K-1? A 1065-K1? 1120-S K-1? 1120 K-1? 1041 K1? It matters.
What specific income producing activities in the business that issued you the K-1 involved in? Rental Real Estate? Retail Sales? Providing services to customers?
@scotsman1000 wrote:Turbotax is suggesting that these go elsewhere but no idea where....
If your K-1 instructions do not specify where to enter the figures and the line items do not fit within one of the categories provided by TurboTax (see screenshot), then you will have to seek more detailed information from the individual or firm responsible for preparing the 1065 and K-1.