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Form 1120-S (Schedule K-1) for Syracuse New York: What You Should Know
Make sure the Form 1065 shows: Shareholders must itemize their deductions. If this is your first year, report only your capital gain income and all other income. If you are a nonresident alien, itemize any income and deductions you aren't required to itemize. You can't itemize your expenses. Schedule K-1-P can be filed electronically at IRS.
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