Level 11
05-09-2024
02:15 PM
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It creates a memo on the Federal K-1, and the 1040 preparer can handle it appropriately.
If there's a specific state you're asking about, and a certain presentation that state prefers, tell me what output you'd like and I can suggest input. For Oklahoma, the adjustment is in Screen 45. For Kansas, Louisiana, and North Dakota, the adjustment is in Screen 43.