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Form Schedule K-1 (1065-B) Lowell Massachusetts: What You Should Know

Separately Report section 23, Section 24, Section 26(c)(5)(F), section 26(c)(5)(G), section 26(c)(6), and section 26(c)(7) amounts on the line 12 (Form 1065), line 24 (Form 1040), and line 27 (Form 1040A). Feb 15, 2023 – 2023 to code G of Schedule K-1 (Form. 1065), box 13 to report eligible expenses of business property. Separately Report section 25, section 28, Section 30(a), and section 30(b) amounts on the line 12 (Form 1065), line 24 (Form 1040), and line 27 (Form 1040A). Mar 29, 2023 – 2023 to code G of Schedule K-1 (Form. 1065), box 13 to report the section 25 (section 25(b)), section 28 (section 48(c)), section 30 (section 30B), and section 30(c) interest distributions on the line 12 (Form 1065), line 24 (Form 1040), and line 27 (Form 1040A). Apr 30, 2023 – 2023 to code G of Schedule K-1 (Form. 1065), box 15 to report qualified cash contributions for relief efforts on the line 12 (Form 1065), line 24 (Form 1040), and line 27 (Form 1040A). Separately Report on line 14 (Form 1040) and line 24(Form 1040A) amounts on the line 12 (Form 1065), lines 24 (Form 1040), and 27 (Form 1040A). May 16, 2023 – 2023 to code G of Schedule K-1 (Form. 1065), box 13 to report the sections 50(b)(1)(A)(iii), 50(b)(1)(C)(iii) (amounts on the line 21 (Form 1040) and line 27 (Form 1040A) that are exempt from the limitation on qualified personnel property), and section 48(c)(1)(A) (amounts that are exempt from the limitation on net investment income).

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