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Business & farm
So, to be clear, there is a difference in how we're suppose to fill out form 8283 from 2022 to 2023. In 2022, a K-1 13D shows up in Section A (Property $5000 or less or Publicly Traded Securities) with the description "From K-1: blah blah blah", with further description for (d) date of contribution, (e) date acquired, (f) how acquired all saying "From K-1 Form 1065". Now, in 2023, that same K-1 should be filling out Section B (Property over $5000 Except Public Securites) and now I have to fill out in detail a bunch of things.
Is this correct?
‎September 15, 2024
7:39 PM