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A Schedule K-1 used by partnerships, S corporations, and estates and trusts to declare the income, deductions, and credits that partners, shareholders, and beneficiaries have received in the tax year.
A 6252 is for Reporting Installment Sales.
Neither of these should apply to the what you have described. It sounds to me like you should not be using a K-1, are you in a Partnership?
May 13, 2024
4:50 PM