I am issuing K-1's to our investors, using the IRS 2022 form download. However, the TurboTax K-1 information input items don't align with the IRS form. Specifically, Box 5 is "Other portfolio and non-business income" on the IRS form, but TurboTax calls line 5 "Interest Income." The amount more properly goes into Box 7, "Royalties," in TurboTax.
Box 14, "Other Information," is "E - Net Investment Income" on the IRS form, but TurboTax gives a choice of "A-Self-employed," "B-Farming or Fishing Income," or "C-Gross Non-farm income". Again, mis-alignment. Can the TurboTax guys & gals please fix this?
