Makes sense to me. I chatted with a TurboTax person and he felt that I'd have to report it, but maybe he misunderstood your suggestion of reporting everything on the form, but not claiming the $65. I'm not quite sure how to key that into TurboTax. Can't try right now as I'm recuperating from hip surgery and can't go up to work on my computer! What WAS suggested is, sonce I have less than a 10% interest on the LP, to put everything in as Passove and don't breakout the general from passive. Does that makes sense? As I recall, when I entered in for before and broke it into that column a and column c for line 16, it gave me an error and said to report as separate K-1/k-3. If I do as separate, what do I enter in for the second one? Would I put in the percentages and the other info from the left half of the K-1, or leave all but the entity and entity number blank except for the K-3, column b info?
