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Problem with Appollo Global Mgt K-1 entry on Box 11- Code A $14

Don't know how I am entering this wrong? Thanks, Barbara
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1 Best answer

Accepted Solutions
MichaelDC
New Member

Problem with Appollo Global Mgt K-1 entry on Box 11- Code A $14

 The IRS instructions for Box 11, Code A is "See the Partner’s Instructions" so you'll have to refer to whatever information provided by the partnership to see where this is supposed to go.  It may need to be entered directly into a specific form instead of the Schedule K-1 entry screen. If you have any other details regarding this question, please feel free to post them in the comment section.

A K-1 from a Partnership (1065) box 11 code A represents portfolio income or loss that is not already included on lines 5 through 10 of the K-1 and usually comes from investments such as bonds or a real estate investment trust that are considered active (and can therefore not be used to offset passive losses). Again, you will need to find in the Supplemental Partner Info what the exact nature of the income is. It's normally,...

  • Interest, U.S. bonds, and dividend income will transfer to your Schedule B (as in Bank interest)
  • income from royalties will go to Schedule E with rare exceptions to Schedule C (handled like a 1099-MISC, Box 2)
  • capital gains and losses to Schedule D.  (handled like a stock sale)

Go back to the K-1, Box 11 and delete Code A (it may have a drop-down box to select "No Entry") and delete the amount.

Input the

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1 Reply
MichaelDC
New Member

Problem with Appollo Global Mgt K-1 entry on Box 11- Code A $14

 The IRS instructions for Box 11, Code A is "See the Partner’s Instructions" so you'll have to refer to whatever information provided by the partnership to see where this is supposed to go.  It may need to be entered directly into a specific form instead of the Schedule K-1 entry screen. If you have any other details regarding this question, please feel free to post them in the comment section.

A K-1 from a Partnership (1065) box 11 code A represents portfolio income or loss that is not already included on lines 5 through 10 of the K-1 and usually comes from investments such as bonds or a real estate investment trust that are considered active (and can therefore not be used to offset passive losses). Again, you will need to find in the Supplemental Partner Info what the exact nature of the income is. It's normally,...

  • Interest, U.S. bonds, and dividend income will transfer to your Schedule B (as in Bank interest)
  • income from royalties will go to Schedule E with rare exceptions to Schedule C (handled like a 1099-MISC, Box 2)
  • capital gains and losses to Schedule D.  (handled like a stock sale)

Go back to the K-1, Box 11 and delete Code A (it may have a drop-down box to select "No Entry") and delete the amount.

Input the

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