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Business & farm
Report the income in both places. However, Box 14 also will report (if any) special treatment depending on your circumstances. Box 1 is your share of the ordinary income (loss) from trade or business activities of the partnership.
Per IRS Schedule K-1 Form 1065 Instructions, page 7 and 132019 IRS Schedule K-1 Form 1065 Instructions
TurboTax Business helps you sort out your details and properly report the activity for the year.
‎February 21, 2020
9:20 AM