EliasTax
Level 1
03-09-2021
12:00 PM
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S Corp's 1099 shows cap gains of $1,789. Investment account started with $9k and shows a value of $9,978 at year end. How do I show the drop in value of $811 on the return? Does Sch L need to show the $9,978 or can it just show $10,789?
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