unfortunately the partner instructions many times do not spell out how or where to enter certain items
however for line 11 items you need to use the quickzoom to get to the screen to enter them
i've seen many comments on where to enter section 988 items (foreign currency income) - 4797, line 21, schedule e - personally i use 11a4 and describe as section 988 (note the line sub numbers (like 2 in 11a2 are arbitrary - 11a2 in tt is REMIC income
same issue 11f1, 11f2, 11f5, 11f6, 11f7 , i use tt line 11f5 and describe as other and section 987 income
11f3 and 4 use those lines in TT these are non-portfolio capital gains/losses
13w1
interest expense on a debt financed distribution is subject to tracing rules. The burden of deductibility is up to the individual partner (not the partnership) who will be required to individually trace what the proceeds from the distribution were used for to determine if such interest expense is deductible. The use (or what is referred to as expenditures) can be classified as either trade or business, personal, investment or passive activities expenditures. The rules applicable to each expenditure category will govern how, when and if the interest expense allocated to such category is deductible.
13w2 and 3 not much info given but properly belong on schedule A. i do not enter these on the k-1 but directly on schedule A as deductions not subject to 2% limitation - described as other deductions from k-1
13w4- participation exemption amount - read page 3 of the supplemental schedule under deemed repatriation of deferred foreign income - irc section 965. (this amount is not included in schedule L) - i didn't enter it.
