I got a Final Schedule K-1, because the stock of Cedar Fair/Six Flags Merger in July 2024.
1) Do I need to tell TurboTax my 2024 Schedule K-1 is my Final K-1? If yes, how and where to input?
2) TurboTax asked me to print a copy of Form 8990, because there was a value in Box 13 for Code K in the amount of $54. It said the program currently does not support Form 8990 - Limitation on Business Interest Expense Under Section 163(j) and I may need to print and complete a copy of Form 8990 and attach it my return. My questions are: (a) Do I really need to complete Form 8990?
(b) If I need to complete Form 8990, how do I submit Form 8990 when doing
e-filing?
(c) Where can I get help to complete Form 8990 because it is new to me and in
the past usually TurboTax will ask questions and generate form for me and I
don't need to figure out what form to be complete and how to complete?
Please advise me.
