How to enter partnership K-1, Box 13,line 8 directly onto Schedule E

Forum|Forum|3 years ago
September 9, 2022
1 reply
10 views

K-1 shows amounts in Box 13, line 8. Per Proseries, this should be directly entered into appropriate schedule/form. Not sure how to get it into Sched E, page 2 (expenses are amortization, management fees. Perhaps not necessary to enter since business income loss?

ProSeries Professional

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Best answer by Terry53029

Not to be put on schedule E pg 2. Put on UPE (supplemental expense worksheet) To find just type in UPE (unreimbursed partner expense) on top menu "where do I enter ?"

T

Terry53029

Intuit Community Champion

You say box 13 line 8 ? What is code in box 13, as there is no line 8

L

linduca1216Author

Level 6

Box 13 W *Other deductions

The detail shows: amortization, management fees, and other deductions.

Footnotes: BOX 13 - CODE W - OTHER DEDUCTIONS
===================================
EXPENSES REPORTED IN BOX 13W ARE RELATED TO A TRADE OR BUSINESS AND
SHOULD BE REPORTED ON SCHEDULE E - FORM 1040.

T

Terry53029

Answer

Intuit Community Champion

Not to be put on schedule E pg 2. Put on UPE (supplemental expense worksheet) To find just type in UPE (unreimbursed partner expense) on top menu "where do I enter ?"

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