Hi Kristina,
Box 14 had a negative amount in it, so that's what I put on the k-1 box 14. But with code "A" in box 14 selected, the amount in box 14 doesn't matter, positive or negative. It seems to assume that all capital losses as well as ordinary income losses are due to self employment (not actually true here), and get added back into 8960 4b (disallowed). So taxes go up.
Thanks!
