linduca1216
Level 7

Adding income shows an expense and taxpayer is limited partner and does not materially participate.

None of the k-1 amounts qualify as business income. (hedge fund)

It appears that trader expense coded W is to be reported on Schedule E.

It also appears that investment interest expense, coded H, would be shown on Schedule E as well (subject to any interest expense limitation from form ).

Also, Box 11I (a loss) would appear on Schedule E  ?

First time around with something like this.

thanks for any input, etc.

 

 

 

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