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sapling.com
How to Report a K-1 Statement on a 1040 Form | Sapling
Investors in general or limited partnerships, S-corporations, limited liability companies, and even some exchange-traded funds (ETFs) receive a Schedule K-1. This document conveys dividends, losses and earnings to each partner for the prior fiscal year. This must be reported as income to the IRS.
Jan 20, 2011
Tax Tips for 2020
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