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1041 k-1 issue
1) 1041 LINE 6 for main trust shows $4958 farm income. This beneficiary which is a trust K-1 has $1,328 in Box 5. Is that $1,328 this beneficiary's share of farm income.
2) Box 7 has $15,335 which did not carry over to this beneficiary trust's Schedule E Pg 2 as Passive Income. Why not?
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‎February 20, 2023
7:58 PM