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Schedule K-1 (1041)
I have entered the data in Turbo Tax and I have net Long term capital gains yet when I see the summary the amount reportable appears to be zero. I have $ amounts in 4a and 12. I don't want to not pay the taxes I owe. The instructions are vague. How do I know if reporting correctly? This is from the sale of my parent's house. Thank you for any guidance/clarification you can provide.
‎April 1, 2023
7:06 AM