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Business & farm
I am hoping that TurboTax will fix this in the future. The Grantor letter tells where the data needs to go on the 1040. In my case its a miniscule loss I seems illogical that you just use a K1 form for something else Grantor Tax advice letter, instead there should be a form for this. In many cases I think it can be omitted and TT should guide the filer about that.
Thank you Deke
March 30, 2022
1:34 PM