Some items reported on your Schedule K-1 (Form 1065) may need to be entered directly into a specific form instead of the K-1 entry screen. Below is a list of items that are not entered directly into Form 1065, Schedule K-1 within the program. Please use the links to find the appropriate location to record the specific income or deduction entry.
Box 11
|
Code |
Description |
Where to Place Item on Return |
|
A |
Other portfolio income |
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B |
Involuntary Conversions |
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C |
Section 1256 Contracts and Straddles | |
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D |
Mining exploration costs recapture |
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E |
Cancellation of debt |
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|
F |
Other income (loss) |
Box 13
|
Code |
Description |
Where to Place Item on Return |
|
C |
Noncash contributions (50%) |
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|
|
D |
Noncash contributions (30%) |
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|
E |
Capital gain property to a 50% Organization |
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|
F |
Capital gain property (20%) |
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|
G |
Contributions (100%) |
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|
J |
Section 59(e)(2) expenditures |
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P |
Preproductive period expenses |
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|
Q |
Commercial revitalization deduction from rents |
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R |
Pensions and IRAs |
|
|
S |
Reforestation expense deduction |
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|
T |
Domestic production activities information |
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|
U |
Qualified production activities income |
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|
V |
Employer's Form W-2 wages |
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|
W |
Other Deductions |
Box 15
|
Code |
Description |
Where to Place Item on Return |
|
A |
Low-income housing credit (Section 42(j)(5)) from pre-2008 buildings |
Form/Entry Not Supported |
|
B |
Low-income housing credit (other) from pre-2008 buildings |
Form/Entry Not Supported |
|
C |
Low-income housing credit (Section 42(j)(5)) from pre-2007 buildings |
Form/Entry Not Supported |
|
D |
Low-income housing credit (other) from pre-2007 buildings |
Form/Entry Not Supported |
|
E |
Qualified rehabilitation expenditures (rental real estate) |
Form/Entry Not Supported |
|
F |
Other rental real estate credits |
Form/Entry Not Supported |
|
G |
Other rental credits |
Form/Entry Not Supported |
|
H |
Undistributed capital gains credit |
Form/Entry Not Supported |
|
I |
Biofuel producer credit |
Form/Entry Not Supported |
|
J |
Work opportunity credit |
Form/Entry Not Supported |
|
K |
Disabled access credit |
Form/Entry Not Supported |
|
L |
Empowerment zone employment credit |
Form/Entry Not Supported |
|
M |
Credit for increasing research activities |
Form/Entry Not Supported |
|
N |
Credit for employer social security and Medicare taxes |
Form/Entry Not Supported |
|
P |
Other credits |
Form/Entry Not Supported |
Box 16
The program does not support the entries for Line 16 (Foreign Transactions). If you have amounts within this box, please refer to the IRS instructions for Form 1116, Foreign Tax Credit.
Box 17
|
Code |
Description |
Where to Place Item on Return |
|
D |
Oil, gas & geothermal – gross income |
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|
|
E |
Oil, gas & geothermal – deductions |
|
|
F |
Other AMT items |
Box 18
|
Code |
Description |
Where to Place Item on Return |
|
B |
Other tax-exempt income |
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|
|
C |
Nondeductible expenses |
Box 20
|
Code |
Description |
Where to Place Item on Return |
|
C |
Fuel tax credit information |
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|
|
D |
Qualified rehabilitation expenditures |
|
|
E |
Basis of energy property |
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|
F |
Recapture of low-income housing credit (section 43(j)(5)) |
|
|
G |
Recapture of low-income housing credit (other) |
|
|
H |
Recapture of investment credit |
|
|
I |
Recapture of other credits |
|
|
J |
Look-back interest – completed long-term contracts |
|
|
K |
Look-back interest – income forecast method |
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|
L |
Dispositions of property with section 179 deductions |
|
|
M |
Recapture of section 179 deduction |
|
|
N |
Interest expense for corporate partners |
|
|
O |
Section 453(l)(3) information |
|
|
P |
Section 453A(c) information |
|
|
Q |
Section 1260(b) information |
|
|
R |
Interest allocable to production expenditures |
|
|
S |
CCF nonqualified withdrawals |
|
|
T |
Depletion information – oil and gas |
|
|
U |
Amortization of reforestation costs |
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V |
Unrelated business taxable income |
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|
W |
Pre-contribution gain (loss) |
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|
X |
Section 108(i) information |
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|
Y |
Net investment income |
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|
Z |
Other information |
Source: IRS Form 1065, Schedule K-1 Partnership Instructions