An amount reported on a Partnership, Schedule K-1 (Form 1065) Partner’s Share of Income, Deductions, Credits, etc. in Box 11, Code F shows items of income, gain, or loss not included in Boxes 1 through 10 or Box 11, Codes A through E. Code F may include various types of income or loss, and where it gets entered, if at all, depends on its type. The partnership should give you a description of the income type and amount of your share for each item.

To access the entry for Schedule K-1 (1065), Box 11F:

1. From within your TaxAct return (Online or Desktop), click Federal. On smaller devices, click in the upper left-hand corner, then click Federal.
2. Click Business Income in the Federal Quick Q&A Topics menu to expand, then click Partnership income (Form 1065 Schedule K-1).
3. Click + Add Partnership Schedule K-1 to create a new copy of the form or click Edit to review a form already created.
4. Continue with the interview process to enter all of the appropriate information.
5. On the screen titled Partnership - Additional Information, click Yes.
6. On the screen titled Partnership - Schedule K-1 Information, check Box 11 - Other income, then click Continue.
7. On the screen titled Partnership - Other Income or Loss, enter the 11F - Section 743(b) positive adjustments amount, then click Continue.

Note. If you cannot determine the treatment of the income reported in Box 11F, you should contact the issuer of the Schedule K-1 for clarification.

If your interest in the partnership is passive, and you have an amount in Box 11F of your Schedule K-1 with the Form 1040 filers should enter the Line 11, Code F amount on Schedule E, Part II as a non-passive loss instructions, the instructions below will enable you to enter that in TaxAct.

1. From within your TaxAct return (Online or Desktop), click Federal. On smaller devices, click in the upper left-hand corner, then click Federal.
2. Click Business Income in the Federal Quick Q&A Topics menu to expand, then click Partnership income (Form 1065 Schedule K-1).
3. Click + Add Partnership Schedule K-1 to create a new copy of the form or click Edit to review a form already created. The name and EIN will need to be completed in order for the appropriate amounts to transfer back to Schedule E, Page 2.
4. Continue with the interview process to enter all of the appropriate information.
5. On the screen titled Partnership - Additional Information, click Yes.
6. On the screen titled Partnership - Schedule K-1 Information, check Box 1 - Ordinary business income (loss), then click Continue.
7. On the screen titled Partnership - Ordinary Income, enter the amount from Box 11F as a negative amount, then click Continue.
8. On the screen titled Partnership - Material Participant, select Material participant to have this amount treated as non-passive, then click Continue.

The amount will then transfer back to Line 28, Column (h) of Schedule E (Form 1040) Supplemental Income and Loss, Page 2.

Note that any link in the information above is updated each year automatically and will take you to the most recent version of the document at the time it is accessed.