Mike --
Thanks for this, very helpful. I see now another problem in trying to implement your work-around. My income from the LP is guaranteed payments, box 4a. In TT, there is a "materially participated" option for box 1 (ordinary business income) and box 2 (net rental real estate income), but none for box 4a. Any suggestions for what I should do? Things that come to mind:
--Call my income ordinary business income even though the K1 says otherwise, but I wonder if that will screw up the return in other ways that I don't know about;
--Correct this by hand with manual override
--Enter a new K-1 into TT and call it "UPE" so it gets onto line 28 Sch E
Thanks again
