[ssaetern]

When filling out a K-1, if the partnership had dividends of $100K, of which $30K are qualified. Do you enter the whole $100K, $30K or the net of the two amounts? Thanks.

[PackerBacker12]

You enter both at their respective amounts. I don't know which tax software you're using but there should be a line where you can enter both amounts.

[maxb]

Depends 6a is ur total div amount 6b is the qualified portion of that total amount in 6a. Of your showing dividends on line 11, then you show ord and qualified dividends separately which when added should equal the sum. Hope that makes sense.

[Author]

Replies