- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Manual entry of K-1, Box 13, Code W amounts in appropriate forms
I have two K-1’s with that specify Line 13, Code W, additional deductions. I can enter them fine in forms or step-by-step, but I can’t get the amounts to accumulate on form 8582 as they should. There is a * note on Code W in the Addl Info form that advises “*Manually enter item here and on appropriate tax form or schedule.” Documentation also says the amounts will need to be entered manually—essentially that Turbotax doesn’t handle placement. However, Form 8582 will not allow manual entries or overrides. The doc for that form says that due the complex nature of the calculations involved, I must go to the appropriate source entry form (aka the K-1). I can’t figure out a place to make this magical “manaual entry” so that the amount shows in 8582. I’m stuck. How can I make a deduction entry that will show up on Workdsheet 3 in Form 8582?