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Level 2
March 16, 2021
Question

Where do you enter a K-1 13V deduction on an Individual return

  • March 16, 2021
  • 1 reply
  • 7 views

I have a K-1 deduction for 743 Depreciation coming from a Partnership 13V. On the Individual  imput I do not see where to put it. On the Line 13 deductions a V code is not provided

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1 reply

George4Tacks
Level 15
March 17, 2021

Just below the entry for line 13 is a section Separately Stated Income and Deductions, enter it there with a description and a negative number for the deduction. 

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