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Business & farm
Rather than starting your entire tax return as blank, you may just want to delete the Schedule C business from it.
Then just enter your W-2 and the K-1. The corporate tax return should have already included all valid business deductions (so the K-1 already has all of that factored in). That means in most cases you don't enter any additional expenses on your personal tax return.
‎September 26, 2023
2:24 PM
1,760 Views