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Business & farm
@avjunior wrote:
In a really simple case of an S-corp where the K-1 has only line 1 (ordinary business income) and line 11 (179 deduction) would code V be line 1 minus line 11?
You do not need Form 8990 for that. You do not need Forms Mode for Line 17 Code V.
‎January 19, 2021
8:30 AM