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Business & farm
how to calculate income at beneficiary level
Gross income at benificiary level is all income on K1 form but do not add 2b as they are already together in 2a.
Gross income at benificiary level us sourced income is all income minus foreign income(box 14 added together)
Gross income at benificiary level foreign sourced income is all of box 14 added together
March 31, 2022
2:20 PM