Business & farm

Yes, if you are entering a Schedule K-1 (1065) for a partnership, box 13, code W is for "Soil and water conservation expenditures and endangered species recovery expenditures." 

If you think this is wrong, you should take a good look at the first page of your K-1 and make sure it is from a 1065. Form 1120-S and 1041 also issue Schedule K-1 forms. If it is a 1065  K-1, you may want to ask the partnership if this entry is right. 

As far as reporting this figure somewhere else, that's not a good idea. Please verify that you are entering your K-1 in the correct interview section and just enter it as it is on the form. 

Here's how to enter your Schedule K-1:

1. Sign in to your TurboTax account.
2. Select Income & Expenses.
3. Select Edit/ Add to the right of Schedule K-1.
4. Select Update to the right of the type of Schedule K-1 that you have.
5. Answer the remaining questions based on your form and your situation.