Hi@Rick19744what happens if a company has net income but returns both the profit and original investment capital back to a shareholder? I thought the IRS docume...
Isn't it possible for a corporation to return capital back to an investor as part of a non-dividend payment in a non-liquidation event? Or is return of capital ...
@Rick19744Yeah option 2 makes sense. I don't see the IRS having documentation on classifying an other deduction on line 26 as 'Contracted Labor' but like you sa...
