- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
K-1 Form 165 Box 13 "Other Deductions" Turbotax doesn't seem support code AE?
I have a K-1. My K-1 Box 13 Other Deductions has two items
Code H - Investment interest expense for $89
- Code AE - Deductions – portfolio income for $344
I enter these codes and numbers on TT K-1 Box 13. As soon as I add Code AE to Box 13, Turbotax adds an additional form K1P Addl Info. The K1P Addl Info has an error field as it wants info on the $344 Code AE entry on the K-1.
Problem: The K1P K1P Addl Info Box 13 only supports adding information for Codes J, R, W to ZZ. It doesn't allow for Code AE. Is this a bug? How do I handle this situation?
Thanks
March 28, 2024
3:10 PM