PatriciaV
Employee Tax Expert

Deductions & credits

The amount from Schedule K-1 Line 20 Code M for Recapture Section 179 Deductions must be re-entered under Box 11 Code ZZ in order to appear on Schedule E, page 2 Part II, flow to Schedule 1 Line 5 and on to Form 1040. There is no need to use Form 4797 (Enterable).

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