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Level 6
October 6, 2021
Solved

Where to report excess taxable income reported on 1065 k-1, box 20AE

  • October 6, 2021
  • 3 replies
  • 39 views

Where is the excess taxable income reported on a partnership K-1, 20AE to be entered on the 1040?  (other than the K-1 worksheet...)

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Best answer by sjrcpa

Form 8990 if you're filing it.

3 replies

Level 6
October 6, 2021

From other posts, looks like it goes on form 8990, Schedule A, page 3?

sjrcpa
sjrcpaAnswer
Level 15
October 6, 2021

Form 8990 if you're filing it.

The more I know the more I don’t know.
Taxes-by-Rocky
Level 7
October 6, 2021

Even better if the package had the form 🙂