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Get your taxes done using TurboTax
My K-1, Line 20AH has 6 lines:
1. 20V Average Acquisition Debt: xxxxx
2. 20V Average Adjusted Basis of Debt Financed Property: xxxxxx
3. 20V Gross Income From debt Financed Property: xxxxx
4. 20V Other Deductions Directly Connected: xxxxx
5. 20V S/L Depreciation Directly Connected: xxxx
6. 20V Net Section 1231 Gain (Loss) directly Connected: xxxx
Given that TurboTax only has one line for AH, how do I put these numbers in, along with the right categories? Thank you so much!
May 8, 2021
8:11 AM