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08-13-2020
05:41 PM
Transcript K-1 input 2016 & 2017
I prepared 2016 & 2017 1040 Tax Returns for a client with a S Corp K-1. Only supporting documents I have is. IRS Transcript I ordered off E Services. My question is: Is the info on the K-1 Transcript sufficient enough to input into my software. I see 2 numbers 1. Ordinary Income 2.Section 179 expense . Thank you for your knowledge in advance.
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