indiana distress
Level 1
04-05-2021
05:57 PM
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I am using pro-connect and cannot find the "quickzoom for code D" that you describe.
It seems like I found everything but what I am looking for using direct entry
on the passthrough K-1 screen, line 17 other info.
In my situation the interest expense qualifies as being deductible in full as business interest (it is not investment interest).
In areas I have been able to enter the data and have it show up on the Schedule E
as non-passive loss, it also effects basis, which is not correct.