@DaveF1006Per request above, my K-3 Part IV has dollar values entered in Section 1 lines 1, 2a, 2c, and 8. Section 2 no entries. Section 3 dollar values entered...
I am the author of this question - and just got off the phone with the tax specialist at my partnership. He explained to me that I can uncheck Box 16 on the K-1...
I have a partnership K-3 with no information entered in Parts I, II, and III, but with info on Part IV, which is needed to determine deduction eligible income (...
