Linda Keith CPA » 1040 Schedule B Interest

Cash Flow

How should I treat owner loans to the company?

Jake asks:

If a partner in a company makes a personal loan to...

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Linda Keith, CPA

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1040 Schedule B Interest, Contract Receivable, Form 6252, note receivable

Why Gross-up Tax Exempt Interest?

Elvin asks:

In your manual (Tax Return Analysis: Fundamentals and 1040 Review), you...

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Linda Keith, CPA

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1040 Schedule B Interest, gross up, non-taxed, nontaxed, tax-exempt

Interest from a K-1 on Schedule B: Count it or not?

Here is how you end up with Interest from a Schedule K-1 on 1040 Schedule B:

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Linda Keith, CPA

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1040 Schedule B Interest, 1065 K-1, 1120S K-1, Bank tax return analysis training, cashflow analysis of tax returns, Credit Union Tax Return Analysis training, LLC K-1, Pass-through income, Schedule K-1