MarilynG1
Employee Tax Expert

Business & farm

@JinRong15146 Depending on the type of Business Activity reported on your K-1, Itemized Deductions from Box 13 may flow to Schedule A, Schedule C, or Schedule E.

 

If your Code W is for Investment Expenses, you must have enough net investment income and also itemize your deductions to benefit from this expense.  

 

Click this link for discussion on K-1 Box 13 Code W.

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