I agree with the comment from Rick19744, thank you, Rick, about
- You need to reflect those expenses ($1,209) on Sch K line 20b only; and possibly Sch K line 13 Code AE.
That is the way the club accounting software has always reported it in the past. The question I have been trying to ask, perhaps not clearly, is how can I do that? Everythinrg I try to do to get those amounts reported on lines 13, code AE, and 20, code B of the K-1 results in a business loss (line 1) and self-employment earnings loss (or similar wording) on line 14. I did put the correct numbers and codes on each individual K-1 using an override, and the tax return review feature said the return was correct, but when I tried to e-file it said they were in error. I don't remember the exact reason, so I put them back as investment expenses and K-1s are probably incorrect. I can't find a way to report them correctly. VERY FRUSTRATING!!
