JamesG1
Expert Alumni

Retirement tax questions

"The K-1 generated from my S-Corp has totals at the bottom that are 2X of expected."

 

Are you referring to Part III of IRS Schedule K-1 (Form 1120-S)?  What boxes report the income that you are concerned about?  What codes are listed (if any)?

 

Please clarify.

 

@jonesland1 

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