558143

My debt is classified as Qualified nonrecourse financing but should be recourse. How do i correct his is TT business?

Debt is classified incorrectly as qualified nonrecourse financing and should be recourse debt. How do i correct this on the K-1's?

posted

Connect with an expert

1 Reply

My debt is classified as Qualified nonrecourse financing but should be recourse. How do i correct his is TT business?

Fastest way to diagnose & fix this is to switch to the FORMS mode, click on that K-1 and make the change there.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post