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Business & farm
Just spoke w TT Help, and fixed quickly.
Do record the amount from Box 13 on your K-1, under the code noted on te K-1.
If you have an amount reported in Box 20, reduce that amount by the amount in Box 13. That fixes everything.
TT told me IF you receive a notice from the IRS re this, to write a letter stating that the amount in dispute was reported on your K-1, and send a copy of the K-1 - certified mail.
Hope this helps.
‎September 26, 2019
11:48 AM