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I realize it is possible to offset the reduction on the 896 worksheet. But a manual entry should not be needed.The cross reference for Line 4B on Form 8960 Work...
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The 85 year old owner lives in Florida. The business is in NY. It is run by employees there.
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A single member LLC business in which the sole member does not actively participate in the day to day operations.
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A client has Schedule C that is passive. I checked Sch. C question G re: material participation NO. I reported the profit on Sch. SE Adjustments Worksheet Part ...
