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Business & farm
Usually the information should show up in a supplementary statement that came with your K-1. Look at the statement and see if it references Box 20 code L. If so, then you will record this information in the return.
Note if you have a K-1 that was issued by the partnership, this will go on your individual 1040 and not a 1065. My question is was the K-1 issued to you or the partnership?
[Edited 03-10-2021|4:17 PM PST]
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March 10, 2021
4:38 PM