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I invested $500,000 in a hedge fun in 2024 for which I received a K-1. The current year net income (loss) was 81,732 and Ending Capital Account was 581,732.   Total Income is as follows: Interest Income:$1,721 (Box 5) Dividend Income: $24 (Box 6a, 6b) Other Income: $86,978 (Box 11, Code ZZ: SECTION 475(F) INCOME) Total: $88,723 Total Deductions were:  Interest Expense on Investment Debts: $2,844 (Box 13, H) TRADER EXPENSES: $4,147 (Box 13, Code ZZ) Total: $6,991 When I put this into turbotax, I am taxed on the full $88,723 and do not get any of the deductions.  I’ve printed out my return and the $6,991 does not show up anywhere, I just have the $86,978 reported on Form 8949, Part II, the $1,721 and $24 of interest/dividends reported on Schedule B.   Why I am not taxed on the “NET INCOME (LOSS) PER SCHEDULE K-1” of $81,732 (which is the $88,723 less $6,991 in deductions)? Where can I input this into TurboTax to reduce my income from this partnership?  

I am getting "error needs review" messages regarding a stock sale reported by Goldman Sachs on my 2024 1099-B.  This is a "wash sale."  The 1099-B shows a "date acquired" of 12/22/2023, and "date sold" of 7/30/2020.  I get an error message that the "date acquired" must be after the "date sold."  Per previous posts, I'm guessing this is some sort of "put" option, so I reversed the dates. Now, however, I get an error message that the "date sold" must be in the tax year (i.e., 2024). How do I get around this, when I am just trying to enter the dates that Goldman Sachs reported on their 1099-B?