Anonymous
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Business & farm
tt can't habdle this in the way presented so you have to change the numbers that you enter from the K-1
increase line 5 by 1369 + 1367
reduce line 11 by 1369 +1367 - 205
use the line just below lline 5 to report the feederal interest income
report section 988 loss on schedule 1 other income as follows - k-1 section 988 loss -205
under code section 988 the gain or loss is treated as ordinary income
May 7, 2020
10:55 PM