Self employed

Thanks.  I was able to do this, though initially, TurboTax did not show the negative Other Income entry canceling out the passive loss in the K-1 section.  After playing around a bit (not even sure what I did), it eventually did so, so all is good.

 

I've noticed that more and more of my brokerage statements, including those for my children, are including 1099-MISC Other Income, so hopefully TurboTax will make handling this more straightforward.  I guess it's not a widespread problem, as the issue only shows up with K1 passive income/losses.