I am working on K-1 information to enter now. TT said "Choose a CODE from the picklist below, and enter the dollar amount reported on box 13 of your schedule K-1."
The code in my K-1 is W* and instruction says "Portfolio Deductions". TT picklist has only "Other Deductions" to select. Can I just move forward with " Other Deductions " since it's only amount of $3.
In any case, if I should report as " Portfolio Deductions " as my K-1 states, how can I fix it on TT software?
Thank you so much for your help. Any comments would be really appreciated
