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Jake and Tom are partners in Minimal Resources. Minimal Resources should report information regarding trade or business of the partnership and do which of following
Jake and Tom are partners in Minimal Resources. Minimal Resources should report information regarding trade or business of the partnership and do which of following with QBI information.
1 Report on Schedule k-1 line 20 and provide specific info to the partner's share of QBI
2. Provide information on the partnership's Schedule K, page 4
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