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smartcheck error for schedule k-1 "other deductions"

TT smartcheck is giving me the following error:

Screenshot 2025-09-26 at 11.22.52 AM.png

Box 13 (other deductions) has the following 2 codes:

H 112.
AE 341.

 

What is smartcheck flagging and how do I fix it?

 

I have this other information with schedule K-1:

Screenshot 2025-09-26 at 11.49.22 AM.png

And supporting statement 

Screenshot 2025-09-26 at 11.55.47 AM.png

 

Also the following notes:

PART III, BOX 13 OTHER DEDUCTIONS, CODE H -- INVESTMENT INTEREST EXPENSE
----------------------------------------------------------------------
THE AMOUNT INCLUDED ON BOX 13 CODE H IS INVESTMENT INTEREST EXPENSE AS DEFINED IN IRC SEC. 163(D). THE TREATMENT OF THE INTEREST EXPENSE
MAY BE CHARACTERIZED DIFFERENTLY DEPENDING ON THE TYPE OF PARTNER INVESTED IN THE PARTNERSHIP. FOLLOWING IS THE INFORMATION NEEDED FOR
YOU TO DETERMINE THE DEDUCTIBILITY OF THIS EXPENSE. INDIVIDUAL PARTNERS ARE CONSIDERED TO INCUR INVESTMENT INTEREST EXPENSE THAT IS
REPORTABLE ON FORM 4952, LINE 1. INVESTMENT INTEREST EXPENSE AS DEFINED IN IRC SEC. 163(D) SHOULD NOT BE SUBJECT TO THE IRC SEC. 163(J) BUSINESS
INTEREST EXPENSE LIMITATIONS. AFTER APPLICATION OF THE LIMITATION OF FORM 4952, ANY RESULTING DEDUCTION PERTAINING TO THIS AMOUNT SHOULD
BE ENTERED ON SCHEDULE A, LINE 9. CORPORATE PARTNERS ARE NOT SUBJECT TO THE INTEREST EXPENSE LIMITATIONS OF SECTION 163(D). CORPORATE
PARTNERS ARE SUBJECT TO THE SECTION 163(J) INTEREST EXPENSE LIMITATIONS WITH RESPECT TO INTEREST EXPENSE OF ANY PARTNERSHIP IN WHICH THEY ARE
A PARTNER. A CORPORATE PARTNER’S DISTRIBUTIVE SHARE OF INVESTMENT INTEREST INCOME, INVESTMENT INTEREST EXPENSE, INVESTMENT INCOME AND
INVESTMENT EXPENSE THAT MAY BE RECHARACTERIZED AS ALLOCABLE TO A TRADE OR BUSINESS. CORPORATE PARTNERS SHOULD CONSIDER "INTEREST
EXPENSE FROM INVESTING ACTIVITIES" AS INTEREST EXPENSE SUBJECT TO IRC SEC. 163(J) LIMITATIONS. "OTHER INVESTMENT INTEREST EXPENSE" IS NOT
INTEREST EXPENSE SUBJECT TO THE IRC SEC. 163(J) LIMITATIONS. THE INTEREST EXPENSE LIMITATION RULES UNDER IRC SEC. 163(J) ARE COMPLEX. PLEASE
CONSULT YOUR TAX ADVISOR.
PART III, BOX 13 OTHER DEDUCTIONS, CODE AE -- OTHER PORTFOLIO DEDUCTIONS----------------------------------------------------------------------
PRIOR TO JANUARY 1, 2018, TAXPAYERS COULD DEDUCT MISCELLANEOUS ITEMIZED DEDUCTIONS THAT EXCEEDED 2% OF ADJUSTED GROSS INCOME ("AGI").
STARTING IN 2018, INDIVIDUAL TAXPAYERS CAN NO LONGER DEDUCT SUCH EXPENSES. YOUR SHARE OF THESE DEDUCTIONS IS REPORTED IN BOX 13 CODE AE AS
"OTHER PORTFOLIO DEDUCTIONS." PLEASE CONSULT YOUR TAX ADVISOR.

Screenshot 2025-09-26 at 11.27.40 AM.png

 

Thanks in advance.

 

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