Thank You,When I create the K1,s, I check Managing LLC Member.Upon entering my K1's to create my Form 1040, is where I am hung up, and I noticed a large differe...
Thank You,So my partnership extension was filed by March 15, and I am in NY, not a community property state. After I file Form 1065, and generate K-1'S, which w...
Thank You Hackitoff,If I take the distribution 50/50, no guaranteed payments makes sense. Do I create 2 schedules C's, one each for wife and myself, to write of...