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Level 2
posted Apr 9, 2022 11:38:52 PM

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.

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1 Best answer
Level 15
Apr 9, 2022 11:50:03 PM

 

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

 

 

2 Replies
Level 15
Apr 9, 2022 11:50:03 PM

 

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

 

 

Level 2
Apr 10, 2022 1:14:29 AM

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