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Investors & landlords
Probably not. There should be state specific information in the supplemental information that you received with the K-1. There could be some small adjustments that you need to make on your PA return, but that would depend on the supplemental information, the amount you have invested in the PTP, and your tax return. For instance, there could be an adjustment to income for differences in federal and state depreciation.
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March 26, 2025
6:47 AM