On the K-1 for #11 i other income (loss) where do I enter this

[nationranch]

why is the form for K-1 in turbo tax not complete for questions pertaining to PART II and PART III of the FORM???

[IreneS]

What type of entity issued the K-1, partnership, S-Corp, or Trust/Estate?

[nationranch]

partnership

[nationranch]

where to I view your last comment I hate this thing it is too complicated it use to be much more easy

[nationranch]

Why is the K-1 Form not compete in Turbo Tax so that I can enter all of the PARTS on the K-1

[IreneS · Accepted solution]

Line 11 of the K-1 (Other Income) covers many many items.  Examples include: 

• recoveries (bad debt or prior taxes)
• ordinary gain/loss (which would go on Form 4797)
• Net short- or long-term gain not portfolio income
• Other nonpassive income
  

Each goes on a different place on the 1040.  There should be supplemental information, either at the bottom of the K-1 or on a separate sheet, that tells you what the "other income" is. 

Without this information, neither TurboTax nor you can enter the income in the right place.