ivanwayne
Level 2
12-06-2019
04:41 PM
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section 965(a) amount is reported to taxpayer on k-1
the amount is quite small
From what I read, it sounds like there is a requirement to report income on the 1040 and a requirement to report and pay tax on some other form
Also I understand there is a disclosure statement that is required, and so far I have not seen any references to where that reporting is done
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