DaveF1006
Expert Alumni

Get your taxes done using TurboTax

Yes, you will report this as follows:

  1. Yes, if these are from partnerships, so these will be entered as 1065 entries.
  2. Since you already have a K1 for company B, you will not need to create a new K1. You can add the 199A information to this K1.
  3. You can assume that the type of partner is the same as company A if its not referenced anywhere.

 

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