I have a partnership Schedule K-1 (Form 1065) which has several lines that list a combination of income items and expense items. All of the numbers, regardless of whether they are income or expenses/deductions, are listed as positive numbers in the K-1 sent to me by the partnership. For example line 16D and 16E both are identified as income items, and have positive numbers listed (as expected). But line 16G is listed as an interest expense, which would normally be a deduction, but it is also listed as a positive number. I see the same issue for entries for line 20 (20A is income, 20B is an expense, but both are listed as positive numbers). Should the expense and/or deduction items be entered into TurboTax as negative numbers?
