jknight949
Level 2
08-20-2020
02:12 PM
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Where do you input Section 743(b) negative adjustments from an LLC 1065 K-1.
Where do you enter AH other information Section 754 Depreciation not included in income. I've not seen these entries before
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sjrcpa
Level 15
08-20-2020
02:17 PM
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Separately stated income and deductions. Passive or nonpassive as appropriate. Enter as a negative number if its supposed to be a deduction.
The more I know the more I don’t know.
jknight949
Level 2
08-21-2020
12:23 PM
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Thank you for your reply but where to enter. It is a non passive deduction against the income.
