jftaxusa
Returning Member

K-1 (1065) Box 13 code H and AE

If I take the standard deduction, does investment interest expense increase my basis because I was unable to take the deduction?  Also, under code AE the K-1 detail shows "Management Fees" and "Portfolio Deductions", which I don't think are deductible.  Because they are not deductible, do they increase my basis?

 

Thank you!