davetodd11
Level 5
09-30-2021
02:32 PM
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I see where there is a note under Line 18 on the K-1 Entry Wks that states, "Not provided for in the program. Manually enter on appropriate tax form." I went back to lines 18b and 18c of the Schedule K and tried to quickzoom/cross-reference, but that doesn't seem to take me to the place where I can actually manually enter the data.
Here's what the K-1s show:
18B:
- $1,618 for "EIDL advance"
- $1,207 for "Nontaxable income - passthrough".
18C:
- $12 for "Excluded meals and entertainment expenses"
- $6,525 for "Key person life insurance"
- $78 for "Nondeductible expenses - passthrough"