I am using TurboTax business desktop and trying to file my 1065. My partnership was issued a K1 by the real estate company we invested in, which has a Box 11 code ZZ amount, and the additional information section describes it as LAND LEASE.
When I enter the Box 11 ZZ amount in TurboTax, it is not using it in my return anywhere. I tried the Forms mode, but it says "* Not provided for in program. Manually enter on appropriate tax form." It lets me do a QuickZoom on Box 11 Code S, which I believe is incorrect as this is not capital gains. Which form/section should I enter this in?
Please help.