Manufacturer's Credit

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  • Unregistered
    #1

    Manufacturer's Credit

    The S corp is a manufacturer, does the credit show in the S corp return and K-1 to flow through to the shareholder?

    Thanks.
    Tags: None
    • Bees Knees
      Senior Member
      • May 2005
      • 5456
      #2
      Yes - the K-1 passes the deduction (not credit) through to the partners and shareholders.

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