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New Member
posted Apr 14, 2024 6:01:45 PM

What is schedule 1, line 5 description?

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1 Replies
Level 15
Apr 14, 2024 8:25:33 PM

that's for income from the sources enumerated on that line, Rental Income, Royalty Income, Income from any k-1 such as S-Corp. Partnership, or Trust. he income/loss would show on schedule E page 1 and/or 2.