Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Returning Member
posted Mar 9, 2022 9:34:53 AM

K-1 Form Line 11 code d

0 3 791
3 Replies
Level 15
Mar 9, 2022 9:38:07 AM

Which tax form? 1065 or 1041 and what is your exact question?

Returning Member
Mar 9, 2022 9:47:22 AM

1041

why does turbo tax report the loss amount on form K-1 line 11 code d twice on schedule d long term capital loss?

Level 15
Mar 9, 2022 9:52:53 AM

TurboTax does not report the loss amount twice. The loss amount is reported once on Schedule D.