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My k1 1120S has section H, where do i enter it in Turbotax?

 
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2 Replies

My k1 1120S has section H, where do i enter it in Turbotax?

You do not have to enter that section into TurboTax, but you should retain that K-1; you will need it to calculate your basis in the S corporation.

My k1 1120S has section H, where do i enter it in Turbotax?

Thankyou.

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