On K-1 Form, 1065, do I have to enter letter in box if only a dash (-) appears in the box? Box 13 has A

[PatriciaV]

No, if there is no amount in a box on Schedule K-1, you can omit that information in TurboTax.

[PaulW22]

Thank you much for your answer. I request to use your expertise again.

Turbotax has a page of questions of which two are:

1. I have passive activity losses carried over from last year.

2. I have at-risk losses carrying over from 2020

This is first year I have this partnership. Will the losses appear on my K-1 in future years, or must I look at the present year (2021) K-1 and remember the boxes that had losses?

Thank you for your time, expertise and research.

[PatriciaV]

Yes, you will need to keep track of your passive activity and at-risk losses from year-to-year. This information is not included on Schedule K-1 because these losses relate to your investment and are not partnership activity. 

TurboTax includes Form 8582 that tracks Passive Activity Losses. The information you enter for Schedule K-1 is included on the K-1 Partner worksheet. In most cases, TurboTax will bring this information into next year's return for you to review.