k-1 Box 11 Code S

Forum|Forum|2 years ago
March 27, 2024
1 reply
9 views

I have k-1 income reported to me on box 11, Code S. The income consists of short and long term capital gains. After entering the income for this box and code, TurboTax does not put the income on Schedule D. I have no idea why this income does not appear on boxes 8 and 9a of the k-1 (short and long term capital gains). How do I get TurboTax to put the box 11, code S income on schedule D?

Mike9241

Level 15

[MODS] partnership k-1 issue with Turbotax. 11s (along with 11zz) requires a sub-entry to denote it as either short-term or long--term. but a new screen or drop-down does not appear. easy workaround for me because I use desktop. not sure there is any workaround in online. Why is there no dropdown or new screen for k-1 entries requiring more detail? there was in 2022.

Mike9241

MAC18Author

Level 5

It seems like the only workaround for me is to take the capital gains in Box 11 S and add them to the amounts already in boxes 8 and 9a (short and long term capital gains). TurboTax should be asking for more detail regarding the amounts in Box 11 S and 11 ZZ so the numbers can flow through to the correct tax form.