aklugcpa
Level 1
02-06-2023
07:15 PM
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Form 1065 for a Family Farm LLC. Farmland is rented out. Members are only involved in determining rental price. Members spend less than 20 hours a year on this property. But on each member's Schedule K-1, Partner's Share of Income, etc, the supplemental inform reports the year end distribution as "NonPass" Based on facts, the income/distribution would be Passive. How do I code Proconnect to show as Passive?
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