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Level 1
September 12, 2020
Question

Sub S has a K-1 with an entry on Box 13 Code W which reads "portfolio deductions section 212

  • September 12, 2020
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Sub S has a K-1 with an entry on Box 13 Code W which reads "portfolio deductions section 212.  Where do I enter this on the form  1120S ?

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1 reply

sjrcpa
Level 15
September 12, 2020

That's investment expense. Does ProSeries have a field for that?

The more I know the more I don’t know.