rhartmul
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So, doing more research, Lines 5 & 6 interest and dividend amounts are not considered passive income, which explains why not being offset. But still, I did not ...
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Thanks. I was able to do this, though initially, TurboTax did not show the negative Other Income entry canceling out the passive loss in the K-1 section. After ...
Activity Feed for rhartmul
- Cheered Re: Trying to understand why my K-1 Form 1065 Line 5 Interest Earned amounts are being transferre... for LenaH. 3 weeks ago
- Posted Re: Trying to understand why my K-1 Form 1065 Line 5 Interest Earned amounts are being transferred to my schedule B and why they are not being offset by my passive losses. on Business & farm. 3 weeks ago
- Posted Trying to understand why my K-1 Form 1065 Line 5 Interest Earned amounts are being transferred to my schedule B and why they are not being offset by my passive losses. on Business & farm. 3 weeks ago
- Posted Re: Should a passive loss reported on a K-1 offset 1099-Misc income? on Self employed. April 6, 2025 6:23 AM
- Posted Should a passive loss reported on a K-1 offset 1099-Misc income? on Self employed. April 1, 2025 5:05 PM