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May 10, 2021
Question

I have K1 income on line 11 choice "I". Turbotax does not count this as income appropriately. How can I map this or get the program to account this is actual income

  • May 10, 2021
  • 1 reply
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1 reply

May 10, 2021

Box 11 on a partnership schedule K-1 would indicate that you have income that is not reportable on line 1 to 10 of the schedule, where it would automatically be transferred to the proper line on your for 1040, individual income tax return. As such, you need to enter the amount on the appropriate form or schedule, depending on what type of income is being reported.

 

If you can give us a description of the income reported we may be able to tell you where to report it elsewhere on your tax return.

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qualen23Author
May 11, 2021

Thank you for the reply.  The income comes from pass through income from a LLC that is a dialysis unit and provides treatments to patients.