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Level 2
April 6, 2025
Question

schedule k-1 box 11 code A where can I find info

  • April 6, 2025
  • 1 reply
  • 0 views

I entered in all the info from Schedule K-1(Form 1065), and during review, TurboTax is prompting me to enter Code A detail.  There is no Code A detail on schedule K-1.

 

I'm given three options with REMIC, Other Portfolio Income (Loss), and Another Description Item.

The partnership is a  real estate conglomerate, of which I am a CONGLOMERATE, of which I am a domestic, limited member.

 

So I'm not sure what to put.

 

I did find this article however, I do not have a 951A.

https://ttlc.intuit.com/community/business-taxes/discussion/thank-you-for-the-screenshots-you-can-enter-the-amount/01/265188#M9339

Thanks!

    1 reply

    PatriciaV
    Level 15
    April 8, 2025

    Your best option is to choose "Other Portfolio Income" as this is the most common entry for Box 11 Code A.

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    fuchsjhfAuthor
    Level 2
    April 9, 2025

    And leave the section for "Other Portfolio Income (Loss) to be Reported on Page 2 of Schedule E" blank and select continue!

    Thanks!