I can't figure out how to set my Turbotax to allow me to deduct the losses from my K1. I meet all the material participation rules. This is NOT a real estate business. I am a podcaster who organizes my funding through an S-corp. The S-corp pays me and my husband on W2s, and I also expense our internet costs through the S Corp. My husband and I spend 60 hours a week on 3+ podcasts; there is no way this is not a material participation situation. Help!
