os24
Level 1
02-13-2021
10:41 AM
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I HAVE A K1 FROM AN S CORP. ON LINE 17 IT SHOWS CODE AC. ON THE ENTRY PAGE FOR FORM 1040 THERE IS NO LINE 17 CODE AC. HOW DO YOU REPORT THIS FIGURE, THE AMOUNT ON SAID KINE INCLUDES GAIN ON SALE OF BUSINESS.
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