johnmallen78
Returning Member

Business & farm

So if I adjust an investment account or investor equity it would need to be a positive number that equals the negative loss from the K1? That seems to be the only thing that will zero out the balance sheet but I'm confused since the K1 received is for a loss how would that create a positive investment or equity for the company? This is my first time doing an SCorp so I apologize for the confusion.