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Business & farm
@Anonymous
- What boxes are checked on each K-1 line G?
- Is the same box checked for each K-1?
- If Line G box 1 (GP or LLC member-manager) is checked, then line 14 will be populated.
- If Line G box 2 (LP or other LLC member) is checked, then line 14 will not be populated.
- After responding to the question, is the appropriate box checked for the respective member?
- The K-1 isn't worded the best, but it is how TT will determine how box 14 is addressed
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
Also keep in mind the date of replies, as tax law changes.
ā€ˇFebruary 19, 2022
1:00 PM
1,095 Views