Community
:
Discussions
:
Taxes
:
Business & farm
:
We have a 2 member LLC. Our K-1's indicate each a $21,600 loss in Box 2 when that information is entered into our 1040, the loss only shows a total of $12,100.
vjcatal
New Member
Mark as New
Bookmark
Subscribe
Subscribe to RSS Feed
Permalink
Print
Report Inappropriate Content
We have a 2 member LLC. Our K-1's indicate each a $21,600 loss in Box 2 when that information is entered into our 1040, the loss only shows a total of $12,100.
October 10, 2019
1:00 PM
Critter
Level 15
Mark as New
Bookmark
Subscribe
Subscribe to RSS Feed
Permalink
Print
Report Inappropriate Content
Business & farm
There is more to the K-1 than just one line ... what are the other entries ? What is in boxes g - m ? Do you have any basis ?
October 10, 2019
1:55 PM
Critter
Level 15
Mark as New
Bookmark
Subscribe
Subscribe to RSS Feed
Permalink
Print
Report Inappropriate Content
Business & farm
There is more to the K-1 than just one line ... what are the other entries ? What is in boxes g - m ? Do you have any basis ?
October 10, 2019
1:56 PM
