IP5
Level 2
Member profile
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ThanksMike9241.Below are the figures of the K1. Please note that the partnership (not a PTP) gave me an income of 1,300. According to what you wrote and what I ...
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Thanks!Itamar
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Many thanks - so is there any point to continue to invest in such an instrument?
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tagteamHere are the fgiures:Ordinary business income (loss):($1,800) - The partner's share of the partnership's operating loss.Interest income:$3,130 - Interest...
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Thankstagteam, so this means I need to pay tax as high as the income from this partnership?
Activity Feed for IP5
- Posted Re: Hello, I am entering K1. The real income is 1.3k. However, in k1 the income is 6.3k, and the loss and deduction is 5k, and total tax is 1.2k. What did I do wrong? on Business & farm. October 13, 2024 5:22 AM
- Cheered Re: Hello, I am entering K1. The real income is 1.3k. However, in k1 the income is 6.3k, and the loss and deduction is 5k, and total tax is 1.2k. What did I do wrong? for Mike9241. October 13, 2024 5:18 AM
- Got Cheered for Re: Hello, I am entering K1. The real income is 1.3k. However, in k1 the income is 6.3k, and the loss and deduction is 5k, and total tax is 1.2k. What did I do wrong?. October 12, 2024 1:39 PM
- Posted Re: Hello, I am entering K1. The real income is 1.3k. However, in k1 the income is 6.3k, and the loss and deduction is 5k, and total tax is 1.2k. What did I do wrong? on Business & farm. October 12, 2024 1:35 PM
- Cheered Re: Hello, I am entering K1. The real income is 1.3k. However, in k1 the income is 6.3k, and the loss and deduction is 5k, and total tax is 1.2k. What did I do wrong? for Anonymous_. October 12, 2024 1:35 PM
- Posted Re: Hello, I am entering K1. The real income is 1.3k. However, in k1 the income is 6.3k, and the loss and deduction is 5k, and total tax is 1.2k. What did I do wrong? on Business & farm. October 12, 2024 1:27 PM
- Cheered Re: Hello, I am entering K1. The real income is 1.3k. However, in k1 the income is 6.3k, and the loss and deduction is 5k, and total tax is 1.2k. What did I do wrong? for Anonymous_. October 12, 2024 1:27 PM
- Cheered Re: Hello, I am entering K1. The real income is 1.3k. However, in k1 the income is 6.3k, and the loss and deduction is 5k, and total tax is 1.2k. What did I do wrong? for Anonymous_. October 12, 2024 1:27 PM
- Got Cheered for Re: Hello, I am entering K1. The real income is 1.3k. However, in k1 the income is 6.3k, and the loss and deduction is 5k, and total tax is 1.2k. What did I do wrong?. October 12, 2024 12:51 PM
- Posted Re: Hello, I am entering K1. The real income is 1.3k. However, in k1 the income is 6.3k, and the loss and deduction is 5k, and total tax is 1.2k. What did I do wrong? on Business & farm. October 12, 2024 12:46 PM
- Posted Re: Hello, I am entering K1. The real income is 1.3k. However, in k1 the income is 6.3k, and the loss and deduction is 5k, and total tax is 1.2k. What did I do wrong? on Business & farm. October 12, 2024 12:43 PM
- Posted Re: Hello, I am entering K1. The real income is 1.3k. However, in k1 the income is 6.3k, and the loss and deduction is 5k, and total tax is 1.2k. What did I do wrong? on Business & farm. October 12, 2024 12:32 PM
- Posted Re: Hello, I am entering K1. The real income is 1.3k. However, in k1 the income is 6.3k, and the loss and deduction is 5k, and total tax is 1.2k. What did I do wrong? on Business & farm. October 12, 2024 12:22 PM
- Posted Hello, I am entering K1. The real income is 1.3k. However, in k1 the income is 6.3k, and the loss and deduction is 5k, and total tax is 1.2k. What did I do wrong? on Business & farm. October 12, 2024 12:08 PM