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kigp
Level 2
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  • Thanks, I found that while I was awaiting a reply. So due to S-Corp, investment income flows to shareholder and is not listed in corporate income.
    kigp
    Updated Feb 13, 2025
  • Thank you for enlightening me tagteam,From the numbers you can see this was a small estate. From your assessment, the estate itself is not a business so expense...
    kigp
    Updated Feb 13, 2024
  • Sorry for not giving sufficient information. The capital loss from investments is being carried forward properly. 3000 was utilized in 2022. There is a investme...
    kigp
    2
    Updated Feb 13, 2024
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