tbalanc
New Member

K1 loss is not getting recorded it is showing as 0

I have 2 K1's with both showing a loss on Box 1 and 14 with code A.  When i hit the done button and go to the main page the 2 numbers are adding up to zero.  It should be -1K approximately.

 

When i change it to a +ve number the taxes go down and the summary page is accurate.  There is an issue i think or I am not entering the - sign correctly.

 

Regards, Bala