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Discussion:CASUALTY LOSS FROM K-1 LACERTE USERS HELP? PLEASE

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Discussion Forum Index --> Tax Questions --> CASUALTY LOSS FROM K-1 LACERTE USERS HELP? PLEASE


Totocpa (talk|edits) said:

30 March 2007
WHERE DO YOU REPORT ITEM FLOWING FROM K-1 FOR S-CORP SHAREHOLDER(LINE 10 OTHER INCOME (LOSS)CASUALTY LOSS FROM HURRICANE KATRINA)

IN 1040 RETURN FOR SHAREHOLDER, BASIS IS OK TO DEDUCT LOSS, BUT WHERE?

THANK

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