Yes, this this for my personal return.
I cannot get a good grasp of "not at risk" for some reason.
I left 100K in the companies account (SCORP) (which was earned by consultation) as of December 2018 and paid tax thru my personal return for 2018 return.
And used that cash(100K) to pay myself salary(60K) during 2019.
So, does that 100K amount count as at risk? does that amount count as investment basically?
All I think that, 60K W2 salary should not count as income in my personal return. Or should it?
That is the reason I am trying to offset that 60K W2 Salary by showing a loss (60K) from the company thru K1 entry.
