rjs
Level 15
Level 15

Business & farm

What do you mean by a "K1 filer"? Do you mean that you receive a Schedule K-1 from a partnership or S corp in which you are a partner or shareholder? Or are you preparing a tax return for a partnership or S corp that issues Schedule K-1 to the partners or shareholders?


And what is "my business"? Are you calling the partnership or S corp your business, or do you have a separate business of your own? If you are talking about an S corp, are you the only shareholder?