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I have a trust without a 645 election wherein the schedule G is not generating on the CA 541. For this year, the trust has no taxable income even though all the...
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Thanks SJR. My thought exactly - under First Passive Item - I entered the negative amounts as deductions. Because the total of those amounts exceeds passive inc...
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Hello fellow tax professionals. I am working on my first 1041 which owns several partnership interests in rental real estate. The partnership k-1s all have an a...
