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Deductions & credits
If it is a required Partnership expense and the Partnership specifically states you are responsible for that amount, it is an "Unreimbursed Partnership Expense" (UPE).
When you enter your K-1 from the Partnership, there should be a question asking about that and it will show up as a deduction on page two of Schedule E. Do not enter that expense on Schedule C.
‎January 10, 2025
10:01 AM