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On a partner's Schedule K-1, Item L: O is required when Schedule B, line 4 is checked yes. O is completed only when the partnership
On a partner's Schedule K-1, Item L: O is required when Schedule B, line 4 is checked "yes." O is completed only when the partnership uses GAAP accountir o Shows any increase in the partner's account. Reports the partner's basis in the partnership. D Mark for follow up
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Audit Of Tax Regularity And Efficiency
Authors: Mohamed Aziz Boussaid
1st Edition
6206215865, 978-6206215868
