1065 line 13 code w requires two entries (maybe 3 - see item 😎 - supplemental detail for this line
- Other taxes – transfers to schedule A line 6
- Other itemized deductions (2%) – not deductible for federal. maybe for state
- Penalty on early withdrawal of savings – transfers to schedule 1 line 18
- Section 754 depreciation – reduces partnership income or increases loss as reported on schedule E page 2 assuming loss is allowed (may be subject to PAL limitation)
- State income taxes withheld – transfers to schedule A line 5a
- Other nonpassive deductions – flows to schedule E page 2
- Investment interest expense – flows to schedule E page 2 to the extent allowed
- Other. You need to reenter on another form or schedule depending on what it is
it is doubtful this would offset line 11c that's income/loss form 1256 contracts. - that line flows to form 6781
so what is line 13 w for?
