LaShaunA3
Expert Alumni

Business & farm

Can you clarify how the business is taxed (sole proprietor, partnership, S-corp, or C-corp), who provided the cash, and the purpose of the funds (owner investment, loan, gift, or payment for services)? 

 

These details determine how the cash is treated and where it should be reported on the tax return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"