Partnership K-1, Box 13 G

Forum|Forum|2 years ago
March 15, 2024
2 replies
76 views

My Partnership K-1 includes a Box 13 G deduction. When I input the amount into Turbo Tax, it states Box 13 Code G is not supported for Qualified Conservation Contributions or any other 100% charitable deduction. Our accountant who prepared the K-1 states it is for charitable contributions and the amount is correct. How do I report this in Turbo Tax?

RobertB4444

Alumni - Intuit

Just leave it off the K1 and enter it directly into the charitable contributions section under 'Deductions and Credits' on your federal return.

@Pshiphelp

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seren

Level 2

I got that same error and TurboTax won't let me e-file until I fix this. Should I just remove this item from my K-1 (Form 1065) on TurboTax and include the amount in the Charitable Contribution (Deduction section)? Or should I change from code G (100%) to code A (60% Contribution) instead? In either case, if I made the change then what I report to IRS would be different from the Schedule K-1 that I received from the accountant.