DianeC958
Expert Alumni

Deductions & credits

When you have items in conflict for a K-1 you need to add another K-1 for the same business to put these items in.  You do not add any of the other boxes that contain numbers just the items which will not work if they are all on the same K-1.

 

For Box 16 on the first K-1 leave the entries that don't conflict and then on the second K-1 add the other boxes for Box 16 only.

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