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K-1
Hi all, I am attaching the K-1 form showing that the only income listed is in box 14, and is coded A, which TurboTax defines as "tax-exempt." But Turbotax is still increasing my taxes due as a result of this K-1. Is something wrong, or is there a reason why this income that is labeled tax-exempt still might be increasing my taxes? Thank you!
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April 8, 2025
7:22 PM