I ended up manually subtracting the deduction from the income reported on my K-1. Turbo Tax had nowhere to input the deduction, even after I updated the softwar...
I'm using Turbo Tax desktop. The deduction is a SALT/PTET (State and Local Tax/Pass Through Entity). The deduction came into existence through a new law passed ...
The deduction was listed in box 13, code ZZ. I have in writing from the partnership issuing the K-1 that it is considered a non-passive deduction and that shoul...