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Massachusetts Form Schedule K-1 (1065-B): What You Should Know
The relief amounts are 100,000/200,000 (50% of basis) for the first 1,000 and 500,000 (25% of basis) for the next 1,000. 1,000 is a threshold. The amount included on Form W-2, Notice of Federal Tax Withholding, is the amount that appears on line 6a or 6b of Schedule K (Form 1065). For each line item on K-1, the amount reported in box 2b or 2c of Form W-2 is the sum of the amount reported on line 6a or 6b of Schedule K (Form 1065) and the federal withholding rate, up to that amount. All amounts excluded from Form W-2 will be reported by a taxpayer using Schedule C (Form 1040) to Itemize deductions on Schedule (SF) 12, line 12. The sum of itemized deductions is the amount shown in box 4b or 4c of the taxpayer's Form 1040 or Form 1040NR, line 2. Schedule K-1. (Form 1065) (Form 1040) Schedule C. (Form 1040) Line 18 — Qualified Cash Contributions. Schedule K-1. (Form 1065) (Form 1040) Line 18. (Form 1040) Form 1040NR. Line 1b. (Form 1120). Line 8a. Qualify Rebate. See K-1. (Form 1065) (Form 1040) Schedule C. (Form 1040) line 9. Line 19a. Qualified Excess Contributions. Line 3. (For 2018, see IRM 25.6.8, Qualified Excess Contributions). Line 22a. Tax Credits. Line 16b. (For 2018, see IRM 126.96.36.199, Tax Credits). Line 35a. Capital Gains. Line 13b. (For 2018, see IRM 188.8.131.52.1, Capital Gains). Line 38a. Qualified Dividends (Qualified Dividends) Line 18. (For 2018, see IRM 184.108.40.206, Qualified Dividends). Line 36. Qualified Net Investment Income (Qualified Net Investment Income). Line 18. (For 2018, see IRM 220.127.116.11, Qualified Dividends). Line 38a.
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