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Business & farm
details
K1 comes from Turbo tax business -- it's our company
Income shown on the K1 part -- Gen and H boxes ckd
form J shows beginning % share but does not show any ending share?
form L does not show any distributions
Part 3 -- partner share: L1 shows income >$100,000 for each of us (my wife is the other partner)
L1 sec A shows the income and B indicates its passthrough
L19 shows cash distributions ($95,000 each)
the mystery is why is our SS tax only $1000 -- last year it was $10,000
‎February 15, 2022
2:11 PM