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Calculate Form INC 250 for an LLC activity on 1040 Tennessee
Interest and dividend items entered in the federal
B&D
, K1
, and K1T
screens with state use code 2
or 10
transfer to the Taxable interest and Ordinary dividend income sections in the TNGen
screen.Enter the
LLC activity unit number
for each item to be included as taxable or nontaxable income on the LLC Form INC 250. Items with an LLC unit number entered are excluded from the individual Form INC 250.