Business & farm
No. You will have:
- all income on one k-1, excluding box 7.
- The second k-1 will have only box 7 income.
When you are entering the k-1, boxes 6-8 will state that you should add an extra k-1. Good job!
No. You will have:
When you are entering the k-1, boxes 6-8 will state that you should add an extra k-1. Good job!