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Business & farm
M-1 line 9 should equal M-2 line 3.
loans from partners should be on kine 19a and thus repayments should not affect capital accounts.
could be a bug in the software or you entered the loan repayments where they didn't belong
overriding the M-2 will prevent e filing and the effect of the error on other parts of the return and K-1's is unknown.
‎February 22, 2024
9:13 AM