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Get your taxes done using TurboTax
Upon review, you have a 0 entered in the loss section for Ordinary Loss which is causing the error for that line.
Your Capital Gain/Loss issue is because the instructions state to add lines 7, 8a, 8b, and 8c from your K-1 and then enter the net result either on line g if it is a net gain or line 38 if it is a net loss. If there are no other numbers on those lines of your K-1 than the two you have listed on your 7203, you have a net loss of $2,166 that needs entered on line 38 to clear the other error.
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‎April 16, 2023
9:44 AM