I have an investment in a hedge fund. They provided me with a K-1 that has boxes 8,9a and 11 populated. When TurboTax is calculating the taxable amount, it does not appear that is is counting the Other Income (described as IRC SECTION 1293 INCOME). I populated all of the information from my K-3. In TurboTax when I get to the Enter Income Detail from my K-3 screen, it is only letting me classify the amounts from boxes 8 and 9a. This seems incorrect.
Am I doing something wrong here? I don't see how the amount in box 11 isn't taxable.
