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Business & farm
@Mike9241
What to select in "Enter Code W Detail" if box 13w, other deductions is not 0?
The K1-form instructions describe it as - "Line 13w Other deductions – Trader expenses. For individuals, combine the values from lines 11i and 13w to determine whether you have a nonpassive income or loss. Reported on Schedule E, Line 28, (i) or (k)".
What I should select in "Enter Code W Detail" ? Check the below pic for all the options -
April 11, 2022
12:10 PM