Hi,
Turbotax does not provide any help for Form 8990 and I have no clue how to do it.
I own shares in a publicly traded MLP, called Plains All American Pipeline.
My K-1 for Plains All American Pipeline has Box 13 - with a code K amount of $250.
This is the only K-1 that I have. I am a W-2 employee who does not own a business or have any other business interests.
I downloaded the Form 8990 from the IRS website and am trying to fill it. I have attached some pictures and was wondering whether what I have filled in makes sense....
What is puzzling is that the Excess Business Interest Expense of $250 does not seem to appear anywhere except in Schedule A
Is this even correct?




