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April 15, 2024
Question

What is schedule 1, line 5 description?

  • April 15, 2024
  • 1 reply
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April 15, 2024

that's for income from the sources enumerated on that line, Rental Income, Royalty Income, Income from any k-1 such as S-Corp. Partnership, or Trust. he income/loss would show on schedule E page 1 and/or 2.