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- Reporting K-1 capital basis while question 4 requirements are met.
Reporting K-1 capital basis while question 4 requirements are met.
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KQs
Level 1
02-16-2021
04:22 PM
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I have several clients who are not required to file Schedule L, M-1 nor M-2. However for 2020, I still need to report the basis on the K-1s. How can I show capital amounts on the K-1 while suppressing the other schedules?
Thanks!
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