DC2
Level 1
04-05-2021
11:56 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
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.
Labels
sjrcpa
Level 15
04-05-2021
11:58 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
That's how it is supposed to reported. Of the 1231 gain in 10, xx is unrecaptured 1250 gain per 9c.
The more I know the more I don’t know.