I received a K-1 Form 1065 for a hedge fund that I invest in. It contains instructions to make the following entries for Box 11 Code i:
Net ordinary income from trade or business activity before dividend income (enter on schedule E, Part II, Income col. K, (loss) col. L)
Total ordinary trade or business dividends (enter on form 1040, Line 3B)
Trade or business capital gains (losses)
- Net short term capital gain (loss) (enter on schedule D, line 5, col. H)
- Net long term capital gain (loss (enter on schedule D, line 12, col. H)
My question is how do I enter this detailed information into TT as the questions when entering the K-1 information do not address this? I found that I can override the fields on the forms, but this will not allow me to submit my electronic return. Any help you can provide would be greatly appreciated.
