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?
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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 ?"
You say box 13 line 8 ? What is code in box 13, as there is no line 8
Box 13 W *Other deductions
The detail shows: amortization, management fees, and other deductions.
Footnotes: BOX 13 - CODE W - OTHER DEDUCTIONS
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EXPENSES REPORTED IN BOX 13W ARE RELATED TO A TRADE OR BUSINESS AND
SHOULD BE REPORTED ON SCHEDULE E - FORM 1040.
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 ?"
thanks... I'll give it a try!
I found the worksheet, though it isn't labelled UPE. Searching the "where do I enter" it did take
the same place... Thank you so much!
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