Business & farm

Form 1065, fields 1 (loss), 5, 6, 9a, 9, 11zz, 13H, AE,ZZ, 16, 17F 18, 20,21

 

different lines flow to different forms and schedules in your 1040. some you can enter in Turbotax but it will do nothing with them. you may see an * by those items which Turbotax doesn't use. all your told is to enter on appropriate form. 

lines 5 an6 flow to schedule B

there is no line 9 only 9a that flows to schedule D

can't help with 11zz that could be for either schedule e page 2 as part of the k-1 income or loss or schedule 1 other income/loss. Turbotax should provide a sub-schedule where the amount is also entered to carry to a particular form or schedule except other income/loss on schedule 1 the * type item - sadly most k-1s provide no info as to which so choose 

13H should flow to form 4952 investment interest expense but you may not see the form if you don't itemize. in other words, if you don't itemize your deductions, you lose the tax benefit of the deduction and even if you do itemize there can be a limitation as computed on the form

 

13AE will produce no tax benefit for federal purpose because portfolio deductions are no longer allowed. however, if you have a state income tax there may be a benefit since some states with an income tax do allow the deduction

13ZZ you are your own because it is non-standard

16 you may need to complete the K-3 section of the k-1 this is primarily to get a tax credit or deduction for the foreign tax credit on line 21. some k-3 info Turbotax does not do but in some cases the k-3 form may have info that is not relevant to your 1040. 

17F is for alternative minimum tax purposes only. it may flow to form 6251. however, you may not be required to file form 6251 so you may not see it in your return 

18 only code A

line 20 can contain over 50 different items. there should be a supplement that lists the amount for each code.

again, some can be relevant to your taxes, others not. some are not standard. 

line 21 FTC really gets reported in the k-3 segment of your 1040.