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Business & farm
OK, so then if my K-1 has a Gross Amount in 14 - C, I can ignore it (since it is non-farm income) when I complete Federal form 1065? Turbotax instructions seem to want both 14 - A (self-employment earnings - good) AND 14 - C amount but then adds them together so my income is greatly overstated! Am I interpreting Turbotax instructions incorrectly? Thanks, everyone!
‎July 20, 2020
3:48 PM