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Deductions & credits
You will need to enter 4 separate K1's for each business so you can enter the information required in Box 17 code V. When you enter these, each K1 will have the same S-Corp information. In the first K1, you will all the information in the Boxes, including Box 20. The remaining three K1's, you just enter the name of the S-Corp and then the information that goes into Box 20. The remaining Boxes will remain blank.
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‎April 28, 2021
2:00 PM