272121
My Schedule K-1 has two sections for the statement for line item 17. One is titled 'Trade or Business' and the other is titled 'Passthrough {name of business}'. Both sections have values for V, W, and X. I'm not sure if to add the values for both sections, or just enter the values from the first section 'Trade or Business'. Any info appreciated, K-1 can be a confusing form.
You'll need to sign in or create an account to connect with an expert.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
gdama001
Level 1
DANETTE ELLIS
New Member
Ckb55
Returning Member
Rockpowwer
Level 4
JLGTT
Level 1