On Turbotax Desktop Premier 2025, box 11 code S entries for my K-1 are going to Schedule D, line 3 instead of line 5. This is incorrect per IRS instructions:
"Code S. Non-portfolio capital gain (loss).
The partnership will provide information on net short-term capital gain (loss) and net long-term capital gain (loss) from Schedule D (Form 1065) that aren’t portfolio income. An example is gain or loss from the disposition of nondepreciable personal property used in a trade or business activity of the partnership. Report total net short-term gain (loss) on Schedule D (Form 1040), line 5. Report the total net long-term gain (loss) on Schedule D (Form 1040), line 12."
https://www.irs.gov/instructions/i1065sk1#en_US_2025_publink[phone number removed]
This is clearly a bug, and one that has been reported before too. Example: https://ttlc.intuit.com/community/taxes/discussion/entries-in-k-1-not-transferring-over/00/3622835].
Why hasn't it been fixed yet?!
