What Class is consulting Income on form 8594?

Hello,

I sold my practice and the allocation included 20% Consulting. Which class does consulting go under on Form 8594?

Thanks!

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What Class is consulting Income on form 8594?

Generally, Class VI if the agreement is in the nature of a covenant not to compete. Otherwise, Class VII.

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What Class is consulting Income on form 8594?

Generally, Class VI if the agreement is in the nature of a covenant not to compete. Otherwise, Class VII.

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