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Received K1 with Line 1 and Line 2
I have received K1 which has number in Line 1 (Ordinary Business Income) and Line 2 (Net Rental Income) and Turbotax says to enter K1 twice. Do I enter the numbers that are in Line 18, 19 and 20 (especially Code Z 199A) information in both copies of K1 or just the one with Net Rental Income related K1 entry?
March 9, 2024
4:39 PM