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Re: Form 8990 is prompted on a 1065 Partnership return by the...

It's a deduction. Albeit inaccurate reporting, not claiming a deduction will have less frowing eyes from IRS. It's under-reporting income and over claiming dedu...

user17581232977

Updated Sep 19, 2025
Re: How to enter information on Form 8990 (triggered by K-1 Box 13 C...

Report the deductible business interest expense from line 30, Form 8990 on Schedule 1, Line 5 (Other income) as a negative number.

user17581232977

Updated Sep 19, 2025

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Date Registered	‎May 3, 2021 6:35 PM
Date Last Visited	‎September 19, 2025 7:31 AM
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