im not sure what you are doing. form 1065 k-1, part III, line 1 is for ordinary loss (or income). capital losses are not entered on this line. that should flow to schedule E page 2 unless you are subject to the passive loss limitation rules in which case line 1 first flows to form 8582 where it is determined whether there is a passive loss limitation. if there is only the allowed loss flows to schedule e page 2.
does the k-1 line 11 show the amount on line 11c?. this is a must for it to flow to form 6781.
if it's on 11a and line 4 (other portfolio income to be reported on schedule e page 2) in the additional info section. and there is no PAL limit for line 1 then both the $100K loss on line 1 and the $100K income on line 11a will flow to page 2 of schedule e. if the line 1 loss is not allowed due to PAL limits then only 11a will show up on schedule e page 2
if the income is on 11Ii and line 4 LTCG not portfolio income in the additional info section it will flow to schedule D line 10
if this is not what's happening you can wait for other replies, contact support or if all else fails see a tax pro.
we can't see your return
I don't know if you can allow support to actually see your return through screen share.
