LalG
Level 2
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Not an owner - but classed as a General Partner. No W-2 or NEC issued. Only K-1
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The company is an LLC and I believe i am classed as a general partner. (No W-2, or NEC)I get paid Gross and the llc issues Schedule K-1 in May/June. The K-1 dat...
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Best Answer - lets you add the description and the NEGATIVE amount as well
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Many thanks for the instructions. This only works if reporting an income. I have a LOSS and 1099-MISC does not let me enter negative number. So far only way is ...
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In 2020 Premier version, when I entered Section 1296 (PIFIC form 8621) LOSS under 1099-Misc - Turbo Tax generates a Schedule C and enters it there. but this is ...
Activity Feed for LalG
- Got Cheered for Re: That helped! Then I found these instructions based on "li.... August 2, 2023 8:32 PM
- Got Cheered for Re: That helped! Then I found these instructions based on "li.... August 2, 2023 8:32 PM
- Got Cheered for Re: That helped! Then I found these instructions based on "li.... August 2, 2023 8:31 PM
- Posted Re: Where do I report my personal home and office expenses as all my income is reported on K-1 st... on Deductions & credits. April 2, 2022 1:39 PM
- Posted Re: Where do I report my personal home and office expenses as all my income is reported on K-1 statement by the company who I consult for. I work from home only. Sch C? on Deductions & credits. April 2, 2022 1:36 PM
- Posted Where do I report my personal home and office expenses as all my income is reported on K-1 statement by the company who I consult for. I work from home only. Sch C? on Deductions & credits. March 31, 2022 8:36 AM
- Posted Re: That helped! Then I found these instructions based on "li... on Get your taxes done using TurboTax. April 1, 2021 6:51 AM
- Cheered Re: That helped! Then I found these instructions based on "li... for DaveF1006. April 1, 2021 6:50 AM
- Posted Re: That helped! Then I found these instructions based on "li... on Get your taxes done using TurboTax. March 16, 2021 10:26 AM
- Posted Re: That helped! Then I found these instructions based on "li... on Get your taxes done using TurboTax. March 7, 2021 1:12 PM