
Get Irs Instructions 1041 - Schedule K-1 2016
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Box 14 of a Schedule K-1 from Form 1041 contains various codes that represent income and deductions from the estate or trust. Specific codes, such as 'A' for interest income, 'B' for dividends, or 'C' for capital gains, provide insight into the types of income received. The IRS Instructions 1041 - Schedule K-1 explain these codes, ensuring you understand what each represents on your personal tax return.
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