After resolving the matter regarding our boat, I moved on to another K-1 for a PTP (publicly traded partnership). When addressing passive loss carryover for our boat, entering or not entering a value in the Box 2a - Ordinary Income field did not affect my tax liability/refund. However, for this PTP K-1 it matters whether I enter a value in the Box 2a field and our tax liability/refund changes significantly. Although I found a value on Form 8582, it was never made clear whether the interview fields for "Box 1 - Ordinary Income" and "Box 2a - Ordinary Income" actually referred to Form 8582 or, if so, to which part of that form. Can anyone tell me exactly to what the fields in the interview "Report Carryovers" page refer? An image of this page is attached to my OP. Form 8582 has no Box 1 or Box 2a and I am more than a bit confused.
Bob
