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Get your taxes done using TurboTax
Your K-1 should indicate (maybe in a Supplemental statement) whether the amount listed in Box 15 Code M, is applicable to the Eligible Small Business Credit (ESBC) in addition to the Eligible Small Business Credit for Research Activities.
If it is not indicated, enter the entire amount for the Eligible Small Business Credit for Research Activities.
March 10, 2020
7:28 AM