2670796
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

TurboTax does not factor in deduction from Schedule K-1, Line 11I – Other misc income or loss, can I enter it under “Unreimbursed Partnership Expenses” as well?

Otherwise, my Sch K-1 income will be higher than actual, which does not seem right.
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

TurboTax does not factor in deduction from Schedule K-1, Line 11I – Other misc income or loss, can I enter it under “Unreimbursed Partnership Expenses” as well?

 

for 11i items you must check box 11

then another window opens where you choose 11i and enter the k-1 amount

then continue and another window should open where there are 5 categories 

for each one you choose and another window will open to enter the amount and if needed a description

some items go to different forms or lines other than schedule e page 2

 

 

View solution in original post

2 Replies

TurboTax does not factor in deduction from Schedule K-1, Line 11I – Other misc income or loss, can I enter it under “Unreimbursed Partnership Expenses” as well?

 

for 11i items you must check box 11

then another window opens where you choose 11i and enter the k-1 amount

then continue and another window should open where there are 5 categories 

for each one you choose and another window will open to enter the amount and if needed a description

some items go to different forms or lines other than schedule e page 2

 

 

TurboTax does not factor in deduction from Schedule K-1, Line 11I – Other misc income or loss, can I enter it under “Unreimbursed Partnership Expenses” as well?

Thanks! You do understand, but all 5 categories either not suit type of expenses or no deduction factored. 😅

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question