The K1 is prepared by a pretty big hedge fund, so it should be accurate, but I don't understand why everything is jammed into box 11 (code i).
There is absolutely nothing in boxes 1-10.
In the statement details for box 11, however, there are:
dividends (statement says to report on 1040, line 3)
ordinary losses (statement says to report on Sched E, page II)
net short and long term gains (statement says to report on schedule D)
ordinary trader mark to market income (statement says to report on 4797)
etc.
Why, for the most part, are these not in lines 1-10 but instead in box 11 (code i)?
My software (Drake) does not indicate these items on the tax return (it ignores them) when I put them in box 11. Only if I move them to 1-10 "myself" will they show up on the tax return. But I feel like if I do that I might be making a mistake? They must be in box 11 for a reason?