turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

jenninm
New Member

What does the term “various” mean on a K1 when referring to ownership percentage?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

What does the term “various” mean on a K1 when referring to ownership percentage?

Contact the tax matters partner if this is a partnership/LLC or the responsible officer if this is an S corporation.

What does the term “various” mean on a K1 when referring to ownership percentage?

This will generally be reflected when there are special allocations. 

But as noted by @tagteam you will need to go to the source to get an exact understanding.

*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies