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Schedule E and K-1
I am confused entering info from my K-1 to Schedule E. I am going to only ask a simple question to start and will try later for what I perceive as very confusing issues. Where do I enter my remaining basis , for a business that was closed in 2020.? I have a K-1 and a a shareholders basis computation sheet. I am assuming that the remaining basis is a long term capital loss.
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‎December 14, 2020
2:14 PM