An amount reported on a 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 top left corner of your screen, then click Federal).
2. Click the Business Income dropdown, 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 edit a form already created (desktop program: click Review instead of Edit).
4. Continue with the interview process until you reach the screen titled Partnership - Additional Information, then click Yes.
5. On the screen titled Partnership - Schedule K-1 Information, click the Checkbox next to Box 11 - Other income.
6. On the screen titled Partnership - Other Income or Loss, enter your amount in the field below 11F - Section 743(b) positive adjustments.

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 top left corner of your screen, then click Federal).
2. Click the Business Income dropdown, 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 edit a form already created (desktop program: click Review instead of Edit).
4. Complete the name and EIN fields in order for the appropriate amounts to transfer back to Schedule E, Page 2.
5. Continue with the interview process until you reach the screen titled Partnership - Additional Information, then click Yes.
6. On the screen titled Partnership - Schedule K-1 Information, click the Checkbox next to Box 1 - Ordinary business income (loss).
7. On the screen titled Partnership - Ordinary Income, enter the amount in the field from Box 11F as a negative amount.
8. On the screen titled Partnership - Material Participant, click the Circle to select Material participant to have this amount treated as non-passive.

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