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- Reporting K1 Partnership on personal return.
Reporting K1 Partnership on personal return.
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CRM2182
Level 5
a week ago
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TP received Sch K-1 from his partnership. I've not included one of these on a personal return before and was hoping for some guidance. Other than entering the standard information and Partner's share, do I need to be including somewhere on the return the information from Part II L Partner's Capital Account Analysis? Or any information from the Partner's Basis Statement that's attached? TIA.
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