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If I'm splitting up a partnership K-1 because it has multiple activities (income in box 1 and 2) and also dividends in box 6a, do I include this in one or both K-1s?

Forum|Forum|6 years ago
April 6, 2020
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For other information there is a statement for how to distribute it, but not for boxes 4-7.

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Best answer by AnnetteB6

You would only enter the dividends on one of the split up K-1s. It does not matter which one, but if you enter it on both, the income will be counted twice.

@astrange

A

AnnetteB6Answer

You would only enter the dividends on one of the split up K-1s. It does not matter which one, but if you enter it on both, the income will be counted twice.

@astrange

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