Linda Keith CPA » 1120S K-1

Are K-1 S-Corp Wages cash flow?

Calvin asks:

I'm working with an S Corporation that reports a...

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Linda Keith, CPA

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1120S, 1120S K-1, business lending, Cashflow, Pass-through entities, tax return analysis

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