DianeC958
Expert Alumni

Business & farm

If the business was organized in the United States as long as your father filed a business tax return you do not need to.

 

As a part-owner of the business you should receive a form K-1 from the business reporting any income and expenses that need to be claimed on your personal tax return.

 

Link to How to enter a K-1 that I received

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