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Question : Im working on schedule M-2 of the 1065 Partnership income tax return.<br/>Line 1 is 0<br/>Line 2a $28,800<br/>Line 2b $0<br/>Line 3 (52,572) — based on schedule k Analysis of Net Income(loss) line 1<br/>Line 4 $0<br/>Line 5 ?<br/>Line 6 $0<br/>Line 7 $0<br/>I want to make sure that line 5 can be in negative
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Answer : Yea it can be negative.
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