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Retirement tax questions
is there a profit or loss for 2018? is the partnership a publicly traded one (there will be a boxed checked on K-1 at upper left)? if loss do you have basis and are you at-risk? .
k-1 profit and loss is now on schedule 1 line 17 so check to see if an amount there. the net of schedule 1 thru 5 now appears on line 6 of 1040.
‎June 1, 2019
1:32 PM