Partner's Capital Account Analysis

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"Current year increase (decrease)" on Schedule K-1 (Form 1065), Item N, Partner's Capital Account Analysis reflects the partner's share of Schedule M-2 (Form 1065), lines 3, 4 and 7. The partner's capital account analysis will reflect any book/tax differences shown on Schedule M-1 since Schedule M-2, line 3 is "Net income (loss) per books."

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