- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
two options
1) enter on line 13zz and then describe what it is and enter the amount on the line that says nonpassive and will be reported on schedule E page 2
2) create another k-1 for the partnership but rather than using name of partnership (only use EIN) state "interest pd to buy partnership share" or use your own wording. then enter as a negative on line 1 and check material participation
March 15, 2024
10:25 PM