Schedule K-1 Line 19 Distributions: When Are They Cash Flow?
Schedule E, page 2, column (k) shows nonpassive income of $135,460. The Form 1065 Schedule K-1 shows two types of distributions on line 19. One distribution is shown in the amount of $75,000 with the letter āAā in front of it. The second distribution is in the amount of $20,000 and has the letter āCā…
