Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Where do you enter information on a K1 line 13 code W and states allocated operating

MikeH53
Level 1
 
0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

4 Comments 4
TylorValdez1
Employee
Employee

What does the supplemental information say exactly is 13 W?

 

Sandra F
Level 1

W -Real Estate Taxes -Sec 212  $322

W -Professional Fees $56

W -Taxes & Licenses $1

0 Cheers
abctax55
Level 15

@Sandra F 

Tagging on to a months old thread, and providing *very* limited info really isn't the best approach.

I suggest you do research on §212 limitations to determine if your client can deduct these expenses.

HumanKind... Be Both
George4Tacks
Level 15

Hopefully this helps for those "other"

s01.JPGs02.JPG


Answers are easy. Questions are hard!
0 Cheers