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K-1 code e
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jwaccounting
Level 2
07-22-2020
03:36 PM
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K-1 code e line 20 other information. Gives figure for basis of combined heat/power
Limited partner, will it make any difference in taxes?
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1 Comment 1
George4Tacks
Level 15
07-22-2020
03:58 PM
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Possibly - when all else fails, read the partner instructions:
Code E. Basis of energy property. If the
partnership provides an attached statement
for code E, use the information on the
statement to complete the applicable energy
credit on line 12 of Form 3468. See Energy
Credit in the Instructions for Form 3468
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