itonewbie
Level 15
12-07-2019
07:09 AM
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Are you referring to how this should be entered on a 1040? If so, you would expect the adjustment to have already been applied against that partner's income on the K-1. On that basis, you will not need to enter that "again" on the 1040. You may like to verify whether the adjustment was indeed not made on the K-1 against the income of that partner in the first instance.
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