1041 K-1 has a posative amount it box 5 the same amount negative in box 14h do they off set each other on the beneficiary's tax return? - Intuit Accountants Community

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1041 K-1 has a posative amount it box 5 the same amount negative in box 14h do they off set each other on the beneficiary's tax return?

1 Comment 1

No. Look at the K-1 Codes.

The more I know the more I don’t know.