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- Re: k-1 to 1040: line 16B & 16C Items affecting shareholders basis
k-1 to 1040: line 16B & 16C Items affecting shareholders basis
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assist1
Level 1
07-22-2021
03:10 PM
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I'm preparing a 1040. I received two k-1 . One k-1 has two entries on line 16 as b & c. There are two entries on line 17 as (AC) & (v) stmt.
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George4Tacks
Level 15
07-22-2021
03:35 PM
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What specie of K-1? Did you look at the instructions that may have come with those K-1? What is your Question?
Answers are easy. Questions are hard!
