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Business & farm
you should be getting an annual k-1 from the partnership which you enter on your tax return - schedule E page 2
please clarify what you mean by it "distributes shares". if you mean it allocates items of profit and loss to the partners see above.
for distributions included on line 19 of the k-1 see the k-1 instructions
https://www.irs.gov/pub/irs-pdf/i1065sk1.pdf
post back with any additional questions
‎November 10, 2022
12:28 AM