I had several thousand dollars in income in my K-1 1065, but my Ending Capital account was still positive. In years past, that income was not counted as part of my taxable income. But this year it seems to be. Has anyone else noticed this or know why this happened? I'm using Premier Turbotax on the Web. I haven't paid for it yet (I don't want to if TurboTax is not working right) so I can't print out my return to look through it, but I can tell from the summary it is counting my K-1 1065 income as taxable income. I also noticed my refund go down by several hundred dollars as soon as I entered the K-1, despite it giving me a QBI deduction.
