I have a K-1 with an amount of $203 in 13K - Excess business interest expense (EBIE).
I have filled out schedule A on the 8990, with $203 in 43i.
I don't know where to enter it in section 1. Does it go in line 1?
When I get to question 6, am I suppose to enter the "tentative Taxable income" from the K-1? or from my own personal 1040.
I have the same question for the rest of the form. Are the questions related to my own personal income tax for 1040, or are they related to the K-1?
If there is only $203 of EBIE, and a loss on line 1 of the K-1, is there any benefit to my filling out the 8990, which seems very complicated.
