bill334
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I have the same question. the 1099-INT lists my business EIN. If i list it as personal, as you advise, then won't that create a problem when the IRS tries to ma...
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yes, i did that. didn't help
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I entered the EIDL Advance on line 16(b) and the tax return is correct. But, TT will not allow me to e-file it.It seems to want me to complete the Balance Sheet...
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It seems to me the EIDL Advance (which is not a loan; does not need to be repaid) affects shareholder basis and so should be reported on line 16b (other tax-exe...
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It still needs to be reported on the tax return, doesn't it? Because it affects the company's assets and shareholder basis?Would you put it on line 16b, Other t...
Activity Feed for bill334
- Cheered Re: Closed company and received final K-1: how to enter distribution in excess of basis for JamesG1. March 10, 2022 2:28 PM
- Posted Closed company and received final K-1: how to enter distribution in excess of basis on Get your taxes done using TurboTax. March 10, 2022 11:31 AM
- Posted Form 8889 Line 2, include excess contribution withdrawn? on Get your taxes done using TurboTax. February 26, 2022 9:49 AM
- Posted Re: Self-employed Where do I enter 1099-INT for the company? on Get your taxes done using TurboTax. February 24, 2022 9:54 AM
- Posted Re: How is EIDL Advance reported on 1120S? on Business & farm. March 8, 2021 2:48 PM
- Posted Re: How is EIDL Advance reported on 1120S? on Business & farm. March 8, 2021 1:59 PM
- Cheered Re: How is EIDL Advance reported on 1120S? for ThomasM125. January 26, 2021 1:22 PM
- Got Cheered for Re: How is EIDL Advance reported on 1120S?. January 26, 2021 1:01 PM
- Posted Re: How is EIDL Advance reported on 1120S? on Business & farm. January 26, 2021 12:30 PM
- Posted Re: How is EIDL Advance reported on 1120S? on Business & farm. January 12, 2021 8:31 AM
- Posted Re: How is EIDL Advance reported on 1120S? on Business & farm. December 6, 2020 12:21 PM
- Posted How is EIDL Advance reported on 1120S? on Business & farm. December 6, 2020 9:33 AM
- Posted Re: I received a K-1 with Section 199A Dividends but they are not transferring to the Form 8995A on Deductions & credits. March 2, 2020 11:02 AM
- Posted Re: I received a K-1 with Section 199A Dividends but they are not transferring to the Form 8995A on Deductions & credits. February 21, 2020 11:58 AM
- Posted Re: I received a K-1 with Section 199A Dividends but they are not transferring to the Form 8995A on Deductions & credits. February 20, 2020 9:48 AM
- Posted Re: I received a K-1 with Section 199A Dividends but they are not transferring to the Form 8995A on Deductions & credits. February 20, 2020 8:35 AM
- Posted I received a K-1 with Section 199A Dividends but they are not transferring to the Form 8995A on Deductions & credits. February 7, 2020 7:37 AM
- Posted I have the same situation. Turbotax will let me create a... on Business & farm. June 3, 2019 4:36 PM