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EA SEE Part 2 Updated
PartAll (358)Part 3 (149)Part 1 (141)Part 2 (52)SEE Part 1 (6)Representation and Individual Tax (2)SEE Part 2 (2)Individual Tax (1)Representation (1)SEE Part 1 / Practice procedures (1)SEE Part 1 / Representation bridge (1)SEE Part 2 / Part 3 bridge (1)SEE Part 3 (1)
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FO
eaSEE Part 2Expert Verified
How do Schedule L, M-1, and M-2 connect in an audit?
Schedule L shows the partnership's balance sheet per books. Schedule M-1 reconciles book income to taxable income. Schedule M-2 analyzes partners' capital accounts.
Form1065Map·2026-05-20·39
LE
eaSEE Part 2Expert Verified
Can I reconstruct partnership books from bank data?
You can use bank data as part of a reconstruction, but do not pretend the reconstructed ledger was the contemporaneous record if it was not. The safe professional move is transparency.
LedgerRebuild·2026-05-20·45
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