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I got a schedule K-1 (form 1065). I have some long-term gains in 9a, which appear as distributions, too, in 19A. What should be the income tax rate on this?
I have long-term capital gains in 9a that also appear as distributions in 19A. I thought these would get taxed at the long term capital gain rate of 15% but turbotax taxed this in 20%.
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‎April 27, 2023
4:27 PM