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Business & farm
Thanks for the response.
I have review the K-1 from the partnership. Box 13, Code AE is what was on the K-1 document.
I misstated Line 11 on Schedule A. TurboTax put it on line 6 and listed as "Other taxes from Schedule K-1". Given that it was Code AE, I expected TurboTax to put as "charitable contribution" or it would fall under "deducts" limited by the 2% AGI.
Any thoughts on why it went under schedule A, other taxes?
March 18, 2024
9:12 AM