meuni
Returning Member

Code 14H on K-1

I'm having trouble completing the K-1 section for beneficiaries. Specifically, Code 14H is a negative number on the K-1 I received. It is supposed to negate the amount on line 5 because I do not owe taxes on the inheritance (only on any interest/dividends), but it is including it as income.  How do I correct this?