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posted May 8, 2025 3:14:51 PM

guaranteed payment schedule k-1 line 4c form 1065 how to report it in form 1040

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1 Replies
Level 15
May 8, 2025 4:46:39 PM

ignore 4c. it's merely a total of 4a and 4b. if 4c does not equal those other lines contact the preparer. due to rounding by some programs, you can ignore a $1 difference