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how do i make TT understand a non passive loss on k1 is NOT an error.
Help please ! I have a little plain vanilla K1 from USO (there must be millions of people like me) . my K1 has....
box 11 I* $-121 OTHER INCOME
(instructions say to combine with box 13 to see if you have nonpassive loss or income and report on schedule E line 28)
Box 13 W $57. OTHER DEDUCTIONS. TRADER EXPENSES
i can see that Turbo Tax did (on schedule E pg 2) add the 2 amts to a total loss $178 and deduct it from from my k1 income
BUT TT continues to give me an ERROR and keeps taking me to the the entry of the $57 on the USO k1 statement. is this a bug?
can i e file the returns with this "error" in it?
‎April 17, 2023
6:52 PM