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Where to report excess taxable income reported on 1065 k-1, box 20AE

linduca1216
Level 7

Where is the excess taxable income reported on a partnership K-1, 20AE to be entered on the 1040?  (other than the K-1 worksheet...)

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sjrcpa
Level 15

Form 8990 if you're filing it.


Ex-AllStar

View solution in original post

3 Comments 3
linduca1216
Level 7

From other posts, looks like it goes on form 8990, Schedule A, page 3?

sjrcpa
Level 15

Form 8990 if you're filing it.


Ex-AllStar
Taxes-by-Rocky
Level 7

Even better if the package had the form 🙂