nerry
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It helps with financial planning, to know how much to keep aside for estimated tax payments and also how much I am netting, so I don't overspend!
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Hi@Rick19744thanks for that info. I don't have final liquidating distributions as the bank balance was at zero after paying off bills and shareholder loans. So ...
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Ok thank you so much!
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Ohok thank you so much
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Hi, thanks for the response and sorry about the typo. I meant 2019 personal returns/K-1. The expenses in 2020 were borne by the S Corp, paid through the S Corp ...
Activity Feed for nerry
- Posted Combine guest house and main house if different years in service? on Investors & landlords. March 4, 2022 6:25 PM
- Posted Re: QBI on 1099 on Get your taxes done using TurboTax. December 14, 2020 4:10 PM
- Posted QBI on 1099 on Get your taxes done using TurboTax. December 14, 2020 4:02 PM
- Posted Re: S Corp filing final return for 2019, what about expenses incurred in 2020? on Business & farm. March 13, 2020 1:21 PM
- Posted Re: Miscalculated stock/loan basis for S Corp and thus didn't take the business loss on personal return on Business & farm. March 12, 2020 5:30 PM
- Posted Miscalculated stock/loan basis for S Corp and thus didn't take the business loss on personal return on Business & farm. March 11, 2020 8:53 PM
- Cheered Re: S Corp filing final return for 2019, what about expenses incurred in 2020? for Rick19744. March 2, 2020 2:24 PM
- Posted Re: S Corp filing final return for 2019, what about expenses incurred in 2020? on Business & farm. March 2, 2020 2:23 PM
- Posted Re: S Corp filing final return for 2019, what about expenses incurred in 2020? on Business & farm. February 29, 2020 1:48 PM
- Posted S Corp filing final return for 2019, what about expenses incurred in 2020? on Business & farm. February 28, 2020 10:46 PM