Summing it up: read my subject line + my HB is the partner frozen out, they stopped paying him, locked him out, etc. He was the managing partner with 33.34% ownership. The only thing he was guilty of was taking a dying company and make it an extremely profitable one in three years. So, frozen out. No return calls, no answered texts or emails.
My questions are: I have no idea how to enter the info for my HB K-1s, nor W2. How do I best input and file these things? I have become a quick study for tax and accounting purposes. I do well, but this has me stumped. I have no idea what to file, calculate, estimate, etc.
Not looking for legal advice here. Solely what forms do I file, outside of the extension (already filed), and the statement of account which I'm watching to see when/if the IRS posts it for the 2022 year.
Thanks to anyone who helps here! Is it wrong to want to reach out and hug you?!
