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New Member
posted Aug 15, 2019 2:29:15 PM

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

0 2 3667
2 Replies
Level 15
Aug 15, 2019 4:09:39 PM

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

Level 13
Aug 16, 2019 6:53:43 AM

This will generally be reflected when there are special allocations. 

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