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Schedule K-1, Line 11, Code C
I have the code "C" in line 11 of my K-1 (From 1065), but no amount. Not sure what to do with this since I'm being asked for an amount. According the information, C means "Sec. 1256 contracts & straddles" and indicates it's reported on Form 6781, line 1, which I don't have. (I assume that's the sponsors form.)
Does the lack of an amount mean 0?
Mike
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‎June 7, 2020
7:05 PM