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Get your taxes done using TurboTax
If you have multiple K-1 entries (for lines 1 and 2 in my case) with same Tax ID #:
Later in the schedule K-1 entry, Turbotax asks about "Aggregation of Business Operations". Since this is the business split up by Turbotax for programming reasons, should the answer be "yes" and should form 8995-A schedule B filled out? I get more of a return with the aggregation of business operations "yes" than without. While I understand that the "Aggregation" was initially created for like small businesses LLC combining, in this case it is the identical business...
Thanks for your answer!
March 17, 2025
12:36 AM