Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 3, 2019 12:16:40 PM

THERE IS NO "DIRECTLY ALLOCABLE EXPENSES" on Turbo Tax AND K1 HAS AN AMOUNT for 13T3, what do I do?

0 1 494
1 Best answer
New Member
Jun 3, 2019 12:16:41 PM

When entering the K-1 line item for line 13 code T (Domestic Production Activites), you are then brought to the screen to enter the gross receipts, cost of sales, W-2 wages and deductions not directly allocable. Select continue and on the next screen you can enter the "directly allocable expenses."  See sample screenshots below.

1 Replies
New Member
Jun 3, 2019 12:16:41 PM

When entering the K-1 line item for line 13 code T (Domestic Production Activites), you are then brought to the screen to enter the gross receipts, cost of sales, W-2 wages and deductions not directly allocable. Select continue and on the next screen you can enter the "directly allocable expenses."  See sample screenshots below.