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Does PA allow Grantor Trusts? Curious how others handle this situation.
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We received a K-1 that has some Form 926 info on it.
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I think it's throwing my return out of balance.
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Understand the difference between depreciation and depletion however my depreciation is for some reason still showing up as "Other deductions" on 1065
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Does it have something to do with the P/S has Trusts as investors so we don't take Section 179?