That is what I was thinking but a co-worker disagreed. It also has to be reflected on the Schedule M-2 then. My deferral shows up on the M-2 as a LT Capital Loss is that correct?
1065 or 1120? If it's handled through M-1 there shouldn't be a need for an M-2 item, since it will be in Book Income.
The more I know, the more I don't know.
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