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k-1
My wife and I have an LLC for our (6) rental properties. We each get an identical K-1 since we are equal partners. When I entered the info. for my K-1 I noticed a change in our refund. When I entered the same info. for my wife's K-1 there was no change in the refund amount. It's like were only getting credit for
50% of the deduction. Is this correct?
Topics:
March 6, 2020
11:46 AM