- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
withdrawal of money will not create a tax problem as long as you and the C-corp have positive tax basis at the end of the year.
generally, this would mean that schedule L on the k-1s shows a positive amount for ending capital. liabilities, if any, can also affect tax basis
‎August 18, 2025
9:51 AM
3,956 Views