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No, you don't fill out the capital account information twice.
The information in Part I, sections A thru D, and Part II, sections E thru I, must be entered on each duplicate K-1.
Part III, Sections J thru L (Partner's Share of Profit, Loss, Liabilities and Capital) should not.
No, you don't fill out the capital account information twice.
The information in Part I, sections A thru D, and Part II, sections E thru I, must be entered on each duplicate K-1.
Part III, Sections J thru L (Partner's Share of Profit, Loss, Liabilities and Capital) should not.
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