Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Why do the 1065 K-1's include the Unrecaptured Section 1250 Gain in both 9c and 10 (Net Section 1231 Gain)?

DC2
Level 1

The 1065 K-1's include the Unrecaptured Section 1250 Gain in both 9c and 10 (Net Section 1231 Gain).  In other words, the K-1's include the Unrecaptured Section 1250 Gain twice. 

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

1 Comment 1
sjrcpa
Level 15

That's how it is supposed to reported. Of the 1231 gain in 10, xx is unrecaptured 1250 gain per 9c.


Ex-AllStar