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Get your taxes done using TurboTax
@77rabtz No. Line 6 is dividends that the partnership earned (perhaps they owned stock in some other company that paid them dividends). Line 1 is the profits of the partnership itself (perhaps they make widgets, and lost money on the widget business).
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
March 29, 2024
7:54 AM