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Get your taxes done using TurboTax
I never had a question that asked if I materially participated. I think it might be because I checked the "other" box when it asked what type of activity - there was nothing in Box 1, 2, or 3 on my K-1. Nowhere did I see where Turbo Tax asked me if I materially participated in the business so this must be where TT got the info from that put me in a non-passive category?
‎April 7, 2024
5:02 PM