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Business & farm
When you enter your K-1 into TurboTax for your personal return, you will mark that you have information in Box 17 and progress through to answer the info for the box. When you enter code K, TurboTax will prompt you to enter the details from the Section 179 disposition report. With this information, TurboTax will calculate any recapture that needs to be reported.
For more information on entering your K-1 please see Where do I enter a K-1 that I received?
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‎April 4, 2022
3:34 PM