in [Event] Ask the Experts: Self-Employed Quarterly Estimate Filing
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I'm wondering of there is any advantage or rules as to the handling the different entries Turbo Tax requires for K-1s with values in multiple boxes.
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There is very much a difference in how different types of income and deductions are treated in a tax return. You shouldn't combine any two different things. The entity's tax preparers have already done all the combining for you and what's left over are the values you see on the K-1.
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