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 | |
| C | Section 1256 Contracts and Straddles | |
| D | Mining exploration costs recapture | |
| E | Cancellation of debt | |
| F | Other income (loss) | |
H |
Section 951(a) income inclusions | |
I |
Gain (Loss) from Disposition of Mineral Properties | |
J |
Recoveries of Tax Benefit Items | |
K |
Gambling Gains and Losses | |
L |
Section 751(b) Distributions | |
M |
Section 1045 Rollover | |
N |
Section 1045 Rollover | |
O |
Section 1202 Exclusion | |
P |
Gain or Loss on Disposition of Farm Recapture Property | |
Q |
Gain or Loss on Fannie Mae or Freddie Mac Qualified Preferred Stock | |
R |
Specially Allocated Ordinary Gain (Loss) | |
S |
Non-portfolio Capital Gain (Loss) | |
ZZ |
Other |
Box 13
| Code | Description | Where to Place Item on Return |
| C | Noncash contributions (50%) |
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|
| D | Noncash contributions (30%) | |
| E | Capital gain property to a 50% Organization | |
| F | Capital gain property (20%) | |
| G | Noncash Contributions (100%) | |
| J | Section 59(e)(2) expenditures | |
| P | Preproductive period expenses | |
| R | Pensions and IRAs | |
| S | Reforestation expense deduction | |
| V | Section 743(b) negative adjustments | |
| W | Soil and water conservation | |
| X | Film, television, and theatrical production expenditures | |
| Y | Barrier Removal Expenditures | |
Z |
Itemized Deductions | |
AA |
Capital Constructions Fund Contributions | |
AB |
Penalty on Early Withdrawal of Savings | |
AC |
Interest Expense on Debt-Financed Distributions | |
AD |
Interest Expense on Working Interest in Oil/Gas | |
AE |
Deductions Allocable to Portfolio Income | |
ZZ |
Other |
Box 15
| Code | Description | Where to Place Item on Return |
| A & B | Nuclear Power Production Credits | Click here for more information |
| C & D | Low-Income Housing Credits | |
| E-H | Rental Real Estate Credits | |
| I | Biofuel & Energy Production Credits | |
| J-N | Employer & Workforce Credits | |
| P-U | Unused Investment Credits | |
| V-Y, AC, AI, AO, AW, AX, AY, AZ | Clean Energy & Vehicle Credits | |
| Z, AA, AB, AD, AL, AM | Specialized Credits | |
| AE-AG | Employer & Workforce Credits | |
| AH | Childcare Credit | |
| AJ-AK | Transportation & Infrastructure Credits | |
| AP-AU | Bond Credits | |
| AV, BA, BB | Employer & Workforce Credits | |
| BC | Other Items |
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 | Click here for more information |
| E | Oil, gas & geothermal – deductions | |
| F | Other AMT items |
Box 18
| Code | Description | Where to Place Item on Return |
| B | Other tax-exempt income | Click here for more information |
| C | Nondeductible expenses |
Box 20
Code |
Description | Where to Place Item on Return |
A |
Investment Income & Expense |
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|
B |
Investment Income & Expense | |
C |
Fuel tax credit information | |
D |
Qualified rehabilitation expenditures | |
E |
Basis of energy property | |
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 | |
L |
Dispositions of property with section 179 deductions | |
M |
Recapture of section 179 deduction | |
N |
Business Interest Expense (BIE) | |
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 |
Section 743(b) basis adjustment | |
V |
Unrelated business taxable income | |
W |
Pre-contribution gain (loss) | |
X |
Payment obligations including guarantees and deficit obligations (DROs) | |
Y |
Net investment income | |
Z |
Section 199A Information | |
AA |
Section 704(c) information | |
AB |
Section 751 gain (loss) | |
AC |
Section 1(h)(5) gain (loss) | |
AD |
Deemed section 1250 unrecaptured gain | |
AE |
Excess taxable income | |
AF |
Excess business interest income | |
AG |
Gross Receipts for Section 59(A)e | |
AH |
Noncash Charitable Contributions | |
AI |
Interest and Tax on Deferred Compensation to Partners | |
AJ |
Excess business loss limitation | |
AK |
Gain from mark-to-market election | |
AL |
Section 721(c) partnership | |
AM |
Section 1061 Information | |
AN |
Farming and fishing business | |
AO |
PTP Information | |
AP |
Inversion Gain | |
AQ |
Conservation Reserve Program (CRP) Payments | |
AR |
IRA disclosure | |
AS |
Qualifying advanced coal project property and qualifying gasification project property | |
AT |
Qualifying advanced energy project property | |
AU |
Advanced manufacturing investment property | |
AV |
Clean electricity investment property | |
AW |
Reportable transactions | |
AX |
Corporate Alternative Minimum Tax (CAMT) | |
AY |
Foreign Partners, Form 8990, Schedule A | |
AZ-BD |
Reserved for future use | |
ZZ |
Other |