Clear Up K-1 Confusion
When your focus is on an individual borrower or the guarantor for a business loan:
- How does the 1040 help you with K-1s? (Hint: Passive vs NonPassive is a clue)
- Which lines on the K-1 are actually cashflow and which are irrelevant?
- When do you need the underlying pass-through return?
Followed by an Ask Linda Anything session. These questions can be about developing the ability of your team or can be a question you have on tax return analysis, your choice!