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03-13-2021
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How do I report partnership Schedule K-1 box 13 code W on an individual return Form 1040 in ProConnect Tax Online? See attached photo of Schedule K-1 (Form 1065) Part III.
The general instructions with this Schedule K-1 says:
Line 13w Other deductions - Trader expenses. For individuals, combine the values from lines 11i and 13w to determine whether you have a nonpassive income or loss. Reported on Schedule E, Line 28, (i) or (k)
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