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How do I keep Invest interest expense from showing up double on 4952 and as a nonpassive loss on stmt for Sch E
K-1 with royalty income shows investment interest expense of $340 on Line 13 code W. I entered it there and for this actively that I am not actively participaing it shows up double on 4952 and then nets down to only one $340 adding back the $340 as being deducted elsewhere.
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posted
3 weeks ago
last updated
September 06, 2023
11:07 AM


2 Replies
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How do I keep Invest interest expense from showing up double on 4952 and as a nonpassive loss on stmt for Sch E
3 weeks ago
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How do I keep Invest interest expense from showing up double on 4952 and as a nonpassive loss on stmt for Sch E
I could not find the reply from tagteam (Level15) to the question raised above re duplication of investment interest expense
3 weeks ago
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