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2005 1065 K-1 Line 20 code I

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The partnership will report any information you need to figure the interest due under section 453(l)(3) with respect to the disposition of certain timeshares and residential lots on the installment method. If you are an individual, report the interest on Form 1040, line 63. Write “453(l)(3)” and the amount of the interest on the dotted line to the left of line 63.

2005 1065 K-1 instructions

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