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Get your taxes done using TurboTax
Let me give you an example.
line no. 1 on the 199A says:
ordinary business and rental income (loss).
There is 1 value of $45,000. That is all there is.
TT has ordinary business income(loss) and rental income(loss) on two separate lines. Where do you put in the $45,000?
You mentioned interest income. I see that on the K1 but nowhere else. Let’s say that is $400 for this example.
April 9, 2025
5:30 PM