Timbar
Level 2
10-12-2022
02:08 PM
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I have entered K-1 Box 11 Code I "other income (loss)" into Proseries, but cannot see the income flowing through ultimately to income on form 1040. The income is made up of a section 988 Gain and an other income loss for overall net income. Am I wring to expect the income to flow through to form 1040 or have I not entered something correctly?
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Terry53029
Level 14
10-12-2022
04:30 PM
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On the K1 in ProSeries when you see the double ** that means you have to manually enter to the 1040 your self