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What is 199A Unadjusted Basis on my K-1? Where did this number come from?
I'm completing my 1120S and K-1's for my S Corp. On the K-1 there is item "X" under Other Information, which corresponds with Section 199a Unadjusted Basis. I'm trying to figure out what the numbers are behind this figure. I don't see it anywhere else and not quite sure what it is.
‎June 6, 2019
12:36 AM