baydelawn
Returning Member

Allowed losses are not transferring from 8582 to Sch E

I have several K-1s entered and the allowed losses are correct on the form 8582 as well as the continuation statement, but they are not transferring correctly to Sch E from 8582.  The numbers from the continuation statement seem to be transferring correctly, but not from the actual form 8582.  

The program seems to be adding a loss to other income on Sch 1, but even that does not quite balance out correctly.