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Business & farm
this post helped me when filing 2019 (same as original question), now working on 2020, my K1 did not have both 1. Ordinary business income (loss) and 2 Net rental real estate income (loss). Only #2 is now on my K1.
so I would answer "yes" to the first since I did receive "Net rental real estate income (loss). My question, do I still keep the separate K1 just say "no" I did not receive K1, or should I delete this K1 entry since there is no #1.
March 6, 2021
6:13 PM