Schedule K-1

[laducad]

Spoiler

Nothing is happening to my Federal Tax Refund when entering in my Schedule K-1 gain or loss using Turbo Tax Premier.  The same thing happened to me last year using Turbo Tax.  I received help last year but I guess I'm missing something again.  Any help why my income is not being adjusted

[uncledudley]

Can I enter just the net gain or loss, or must I enter all of the details?  Every year I have a loss and does not change the amount of taxes due.

[KrisD15]

Please be sure to continue through the entire section entering the amounts in the boxes, answering the interview questions and entering the  information from the additional K-1 information schedule. 

Although you have a loss, the details should be entered because of the new and complicated regulations concerning the 199A Qualified Business Income Deduction and loss carry-forward.