What do the codes mean in Box 11 of the K-1 for partnerships?
Other income (loss)
A: Other portfolio income (loss)
B: Involuntary conversions
C: Sec. 1256 contracts & straddles
D: Mining exploration costs recapture
E: Cancellation of debt
F: Section 743(b) positive income adjustments *
I: Gain (loss) from disposition of oil, gas, geothermal, or other mineral properties
J: Recoveries of tax benefit items
K: Gambling gains and losses
L: 751(b) distribution
M: Gain eligible for 1045 rollover (stock purchased by partnership)
N: Gain eligible for 1045 rollover (stock not purchased by partnership)
O: QSB Stock (1202 Exclusion)
P: Disposition of farm recapture property
Q: Fannie Mae or Freddie Mac qualified preferred stock
R: Specially allocated ordinary gain (loss)
S: Non-portfolio capital gain (loss)
ZZ: Other income (loss)
* Not supported
See the Schedule K-1 (Form 1065) instructions for more info about these codes.
A: Other portfolio income (loss)
B: Involuntary conversions
C: Sec. 1256 contracts & straddles
D: Mining exploration costs recapture
E: Cancellation of debt
F: Section 743(b) positive income adjustments *
I: Gain (loss) from disposition of oil, gas, geothermal, or other mineral properties
J: Recoveries of tax benefit items
K: Gambling gains and losses
L: 751(b) distribution
M: Gain eligible for 1045 rollover (stock purchased by partnership)
N: Gain eligible for 1045 rollover (stock not purchased by partnership)
O: QSB Stock (1202 Exclusion)
P: Disposition of farm recapture property
Q: Fannie Mae or Freddie Mac qualified preferred stock
R: Specially allocated ordinary gain (loss)
S: Non-portfolio capital gain (loss)
ZZ: Other income (loss)
* Not supported
See the Schedule K-1 (Form 1065) instructions for more info about these codes.
