Irene2805,
Your advice for "Other" expense did work so now it is flowing to Sch E.
For investment interest expense, I can share authoritative literature that I found that clarifies (a) your advice for this flowing to Sch A is correct if the business of the partnership is an "investor fund"; however, as mentioned, my partnership is a "trader fund" and interest expense that is allowable from Form 4952 should be an "above the line "expense impacting AGI by flowing through Sch E. If I don't correct Turbo Tax to move this expense to Sch E, my taxes will increase by some $80.00.
Can you advise how to address this in TT? If TT is not equipped to handle this, would you please advise how to request a refund of my TT costs this year?
Thank you in advance for your additional help,
Steve
