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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
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- Form 1065, Schedule k-1, current year net income (loss) in the capital account
Form 1065, Schedule k-1, current year net income (loss) in the capital account
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horab
Level 1
02-03-2022
09:19 AM
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The income reported in the capital account does not equal the income & expense reported on the k-1.
This showing up on multiple returns.
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