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How do I get my S-Corp K-1 Box 10 code E to flow to Schedule D, Part II Line 12? This gain needs to show up on line 12 and not on Line 10.
I sold my S-Corp in a varied part transaction. I am certain that Code E on my K-1 is meant to flow to line 12 Net long term gain from S-Corporation from Schedule K-1 (the corporate tax accountant confirmed it). But every entry I put in TurboTax puts it on Form 8949 and Schedule D Part II line 10.
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‎June 3, 2019
10:25 AM