I have a K1 issued by a foreign limited partnership (investment fund) and the numbers on box 11 and box 13 aren't flowing into schedule E or 1040. I think I've spent at least a week trying to figure this out...Am I missing something?
Box 11 code ZZ - other income
Box 13 code ZZ- other deductions
The deduction amount is higher than the income. The number in the nonpassive income column on schedule E p2 is showing 0.
Thanks in advance.
You'll need to sign in or create an account to connect with an expert.
ZZ is not a specific item. it can be one of multiple items.
after entering them, there's supposed to be another window that opens that allows you to specify what it is
for 11zz it cab be nonpassive income which flows diredly to schedule e or other which you have to reenter on some other form
similar action required for 13zz
however, I found that on desktop, for 2023 and 2024, entering 11ZZ does not open a new window to enter what it is. I don't know if this issue exists in the 2025 apps. the issue dioes not exist for 13zz
if you encounter this issue for 11zz, you'll need to contact support.
Thanks for the reply!
As long as you have entered all of the information as reported on your Schedule K-1, TurboTax should take that input and report it on the correct tax form, as applicable. Please see How do I enter Schedule K- Box 11 Code ZZ for additional guidance.
If you would still like to have an expert review your entries, please see What is an Expert Review and how can I schedule one for instructions to add this service.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
user17800713542
New Member
magarian
Level 1
mrcrull
Level 2
martis880
Level 1
ambersizemore22
New Member