RG
Level 3
05-07-2021
12:49 PM
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Working on my first 1041 in 25 years. I have no alternative min. tax on the 1041 but the software is putting an amount on line 12 of the K-1 with an A. On the schedule I the return shows on line 27 $371.00 but because it is less than $25,400 there is no alternative min. tax due. Should the beneficiaries be charge the alternative min. tax?
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