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jwallen
New Member

How do I enter a negative number? I took a small loss on a K-1 and when I checked my 1040, Turbo Tax had added that amount to my income. It should have subtracted it.

 
2 Replies
SweetieJean
Level 15

How do I enter a negative number? I took a small loss on a K-1 and when I checked my 1040, Turbo Tax had added that amount to my income. It should have subtracted it.

Mike9241
Level 15

How do I enter a negative number? I took a small loss on a K-1 and when I checked my 1040, Turbo Tax had added that amount to my income. It should have subtracted it.

what type of k-1 and what line number?  normally a minus sign is all that is needed but if a line is a deduction to get a subtraction no sign whatsoever,

 

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