Question: Schedule K-1 (Form 1065) is used to report __________. Each partner's share of net income after adjusting for deductions and credits reported elsewhere. Each partner's

Schedule K-1 (Form 1065) is used to report __________. Each partner's share of net income after adjusting for deductions and credits reported elsewhere. Each partner's share of the partnership's income, deductions, and credits. The partnership's income, deductions, and credits. The partnership's net income after adjusting for deductions and credits reported elsewhere. Mark for follow up

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