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Investors & landlords
You have to enter several K-1 schedules when you have different types of income because the income appears on different schedules on the tax return. Also, you have to link the deductions and other information listed on the K-1 schedule to the income to which it pertains.
So, you need to make sure you report income and other amounts associated with that income on the correct K-1 schedule.
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‎April 13, 2020
12:17 PM