Manager Update: Clear Up K-1 Confusion


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!


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