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Level 2
posted Mar 28, 2023 5:31:34 PM

Line 14B on Form K-1

An investment company that I invested in has issued me K-1. Main K-1 form has line 14 filled with code A only.

 

But there is some amount in footnote. I wonder, if this is error on provider side or normal? If normal, shall I enter amount from footnote while entering K-1 data to Turbotax?

 

0 2 213
2 Replies
Expert Alumni
Mar 29, 2023 5:52:22 AM

Yes, remove the 0 and record the amount that is in the footnote. 

Level 2
Mar 31, 2023 9:45:12 AM

Thank you.