LTank
Level 1
10-07-2022
01:36 PM
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Proconnect has two separate entries for capital gains: one designated passive and one not. Which should I use if the K-1 for an investment fund partnership doesn't specify if it is passive or non passive.
Similarly, would you enter Box 11 Code A info on other portfolio Income as passive or non passive for thinks like IRC Sec 1293 QEF ordinary earnings, Section 988 Gain and other portfolio income?
Similarly, would you enter Box 11 Code A info on other portfolio Income as passive or non passive for thinks like IRC Sec 1293 QEF ordinary earnings, Section 988 Gain and other portfolio income?
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