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K-1 Part 3 line 5 questions
What income/investment inputs does TT business 2021 use to calculate K-1 part 3 line 5 (other portfolio and non business income) and part 3 line 14 "H" (Adjustment for section 1411 net
investment income or deductions) values?
The only income items in the trust are mutual fund dividends and cap gains along with a home loss carry over /forward.
I can't seem to find where the inputs values are coming from and then how the calculation is being done. Is there a way to do this? Thanks!
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May 4, 2022
3:07 PM