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I like the money from EDP, but schedules K-1 really bite the bone....probably harder to understand a K-1 then to climb K2.

Anyways, if someone happens to know off the top of their head... in Part III-Partner's Share of Current Year Income, Deductions, Credits, and Other Items, section 20, I have code Z1 Gross Reciepts for UBTI, and code Z2 Gross Deduction for UBTI.

Turbo Tax just asks for the number in code Z. It does ask for further clarification, but there is nothing about receipts not deductions for UBTI.

Am I supposed to enter the gross deductions as a negative number?

Is there a good primer someplace on line that explains K-1's so that a fifth grader might understand?

Thanx in advance if anyone can clarify.

Oklahoma is +2 in their first game (mens). take the points. I think they will win it outright. Easy game today for Barcelona, just ended.
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