swarwick30
Returning Member

Business & farm

Just spoke w TT Help, and fixed quickly.

Do record the amount from Box 13 on your K-1, under the code noted on te K-1.

If you have an amount reported in Box 20, reduce that amount by the amount in Box 13.  That fixes everything.

TT told me IF you receive a notice from the IRS re this, to write a letter stating that the amount in dispute was reported on your K-1, and send a copy of the K-1 - certified mail.

Hope this helps.