I did not see K-1 Box 13A Other deductions being used to offset the income. Do you know why? Thanks!
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1 Replies
PatriciaV
Employee Tax Expert
Apr 11, 2024 1:23:44 PM
The entry from Form 1065 Schedule K-1 Box 13 Code A Cash Contributions 60% is reported on Schedule A Line 11. If you are not able to itemize your deductions, this donation will not affect your tax liability/refund.