JamesG1
Expert Alumni

Business & farm

2020 K-1 (1065) Instructions page 24 states:

 

See Instructions for Form 8990.

 

IRS Form 8990 Limitation on Business Interest Expense under Section 163(j).

 

IRS Form 8990 Instructions states:

 

Use Form 8990 to figure the amount of business interest expense you can deduct and the amount to carry forward to the next year.

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