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I have a k-1 form with "SEC 754 Amortization" Coded V other deductions. I am using Drake software. How do I take this deduction just force it like you would UPE? Any help would be welcome.
I'm not a Drake user so I can't advise you in that regard - but you are correct that the adjustment gets shown on Schedule E in the same place as the income from the K-1.
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