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Deductions & credits
Great. A generic answer to a question I didn't ask. The problem I had reported is that the Line B and Line C are different. According to the IRS, they only allow deductions on the partnership income. However intuit expects a separate K1 form -which is required nor valid. There is no way to electronically file either because intuit classified this as an error. I should point out 4 companies reported it this way.... two electronically. Please re-open and come back with an informed response.
‎June 6, 2019
3:31 AM