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Form 1120 LLC taxed as C-corp : Schedule K-1
I have received a schedule K-1 from an investment using my solo 401K funds. In this schedule K-1, on line I1, the form indicates IRA and on I2 it is checked to indicate this is from a retirement plan. Do I need to enter this into Turbotax business under the section schedule K-1? If yes, how do I indicate this is related to an IRA/retirement plan?
March 3, 2025
3:41 PM