I have found several posts on the web stating that if there are no W-2 wages on the K-1, that I can ignore any 13T (DPGR) entry's in my tax preparation software as it will not make any differences on my taxes. Anybody have any opinions on this? Thanks Phil
K-1 W-2=0 13T DPGR reporting not needed?
Apr 11, 2012
1 Replies
The DPGR deduction is the lessor of either the deduction amount which is calculated off of the information provided or 50% of W-2 wages. So if there are no W-2 wages, the deduction will be zero.
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