Your message was delivered to my spam email, and I replied, so I don't know if you receive those. I copied the text here. Sorry if it is a duplicate: Thank you for the replies, although I am concerned that the reporting is different than it has been for many years. Our problem is that we will get a K-1 this year from a security that is a partnership, and our software does not accommodate that, so I am using TurboTax to be able to fill out forms and efile them. We are a club, not a business, and I don't consider us as self-employed, even though we don't have an employer. Turbo Tax requires a business code, and I input 523900. I am simply trying to duplicate the return generated by our club accounting software that comes from a national organization. We have $11 interest income, $3476 dividend income, -$7475 short term capital loss, $25,464 long term capital gain, and $1209 investment related expenses. It doesn;t seem like we should have a business loss, and certainly not self-employment earnings loss, but that is apparently how Turbo Tax reports it. I will probably need to wait for the K-1, add it to Turbo Tax, and submit it without understanding why it is different from the past. Thank you.
