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dascpa
Level 12

On 1065 K-1 worksheet double click on Line 12.  Supporting worksheet line 2 you need to adjust.  For prior year's carryover Line 1 and see Form 4562 Line 10.

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dkh
Level 15

Is this your return  or a client's return ?    Is there more than one K1 or also a Sched C also on this return?   The Sec179 on the K1 shouldn't exceed the amount of income on K1....... wondering why you have excess 179 .

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