PatriciaV
Expert Alumni

Business & farm

Form 1120S Schedule K-1 Line 19 is used if the S-Corp has more than one activity for passive activity purposes. You should have also received a supplemental statement to help you determine your passive activity limitation. If you have answered all the questions in TurboTax about your participation in this S-Corp, there is generally nothing more you need to enter from Line 19.

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