Beaufort
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Yes it does require me to pay all my own expenses.
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I don't know what would be the ramifications of indicating that I am a general partner, when the K-1 identifies me as a limited. I agree this is a messed up sit...
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Thanks DavidS127. I shall give that a try. I don't have to indicate that I am a general partner to get that option do I? (that was mentioned by another comment)...
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I was liking the answer until the last sentence. What I have is payments, based on flat hourly charges, for conducting insurance audits. It is my pay for the wo...
Activity Feed for Beaufort
- Posted Re: Income reported to you on Schedule K-1, even if attribute... on Business & farm. July 15, 2020 5:13 AM
- Posted Re: Where do I input income received by my business (sole proprietor LLC) from a K-1? It is not b... on Business & farm. July 14, 2020 6:52 PM
- Posted Re: Where do I input income received by my business (sole proprietor LLC) from a K-1? It is not b... on Business & farm. July 14, 2020 6:49 PM
- Cheered Re: Where do I input income received by my business (sole proprietor LLC) from a K-1? It is not b... for DavidS127. July 14, 2020 6:49 PM
- Posted Re: Income reported to you on Schedule K-1, even if attribute... on Business & farm. July 14, 2020 4:15 PM