1065 K1 Box 11 income, Other income, code 11A and 11H, how do I get these on Schedule 1 & form 8995

[sally27516]

I have TurboTax Premier Desktop. When I enter the 1065 K-1 info, TT says it cannot handle my 11A and 11H (The note says it is "Section 951(a) income inclusions") income for my investment.  And it is not including it as income anywhere in my tax return. Which is wrong. I need to report this income. This is a PTP Domestic Partner investment and **NOT** real estate.  [There is no letter and never has been that describes what the 11A info is and no one to reach there to ask.]  

I see on 1040, Schedule 1 line 8z part that says "other income" and line 8m that says "Section 951(a) income inclusions" (a perfect match for 11H).  How do I override the form to put this income so it shows up on any/the correct Schedule 1 lines?

I tried going into the TT Forms view and clicking on it, but it takes me to the 1040/1040SR Wks and won't let me enter it there either (and won't take me there when I click on those boxes).    

Also, same problem for the Qualified Business Expense of Section 951(a) income on Form 8895.  I need TurboTax to include 11H income that in its calculation, but can't figure out how to tell it to do so. 

Is the Forms view not the right place to go? Is there another area of TT where one can add one's income for Schedule 1, line 8 (and 8995)?

[PatriciaV]

Yes, Forms Mode is your best option to report this activity.

Look for Other Income in the left column. Line 8 is for Other Income from Sch K-1. If you right-click on the Taxpayer column for that line and choose Data Source, you'll see the values for this box come from Sch K-1 Wks for various partnerships (depending on your return). If you follow this to the worksheet, and look at Data Source again, you'll see you can enter this on the K1P Addl Info 1 worksheet.

Go to the K1P Addl Info 1 for the partnership with the income you need to report. In the Box 11 section (Other income/loss), you can enter the amount for Code A on whatever line is most appropriate.

Box 11 Code H, however, should be reported on Form 8992, which is not supported by TurboTax. This income is also reported on Schedule K-3 Code AG as Section 951A (GILTI). You would need to download Form 8992 from the IRS and complete it by hand, mailing it with your printed return.

You might also wish to review the IRS Instructions for Form 8992 .

[sally27516]

Thank you!!!  I was so frustrated trying to figure this out.