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Business & farm
Tax Liability Line 6 Tax. Enter method used to figure tax (a code is mentioned QDCGTW)
Line 6 Original (A) $10,069 Net Change (B) $910 Corrected (C) $10,979
This is where the $910 is coming from and the only "Net Change". Rest are zeros.
How did a K-1 total loss of invested capital prompt a net change on Line 20 Amount you owe $910?
K-1 Sch D: entered as Capital $1212 Loss -$1212 Total 0
I tripled checked the numbers and boxes it's entered in. Ran Smart Check a few times. I'm confused.
Saturday