PatriciaV
Employee Tax Expert

Business & farm

Are either of the Schedules K-1 sent to the trust marked "Amended" at the top? It's possible that one supersedes the other. If not, confirm that the EIN is the same on both K-1s. 

 

If you are certain the K-1s are identical, except for the amounts for Ordinary Income, then combine the two numbers for Section 199A on your tax return.

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