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ABC, LLC, filing as a partnership, purchased a new machine for manufacturing widgets. The machine cost $8,250 and the member managers have elected to use
ABC, LLC, filing as a partnership, purchased a new machine for manufacturing widgets. The machine cost $8,250 and the member managers have elected to use the Section 179 deduction for the machine. The cost of the machine will be reported on: |
Schedule K, line 12; and Schedule K-1, box 12. | |||
Form 1065, page 1, line 16a. | |||
Form 1065, page 1, line 16a; Schedule K, line 12; and Schedule K-1, box 12. | |||
Form 1065, page 1, line 16a; and Schedule K-1, box 12. | |||
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