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Business & farm
if it's the S-corp you file 1120-S. the k-1 is then reported on your return. schedule F only goes with form 1040 and since the income/loss will be flowing from the K-1 schedule F is not required. you may want to consult with a tax pro the first year with regard to the S-Corp. things like the need to take a salary, etc.
‎January 4, 2022
9:37 AM
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