Linda Keith CPA » Schedule K-1

% Ownership: Conflict between K-1 and Operating Agreement

Your question:

When would the % capital ownership on a partnership/LLC k-1...

Continue Reading

Linda Keith, CPA

Comment are off

LLCs, mt-page, Operating Agreements, Partnership agreements, Schedule K-1

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:

Continue Reading

Linda Keith, CPA

Comment are off

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

How bankers do (and don’t) use tax return pass-through income and losses in global cash flow

Your question:

I can understand why a taxpayer wants to show pass-through...

Continue Reading

Linda Keith, CPA

Comment are off

1040 Schedule E, mt-page, Pass-through income, Schedule K-1

Copyright © 2020, Linda Keith. All Rights Reserved. Washington State CPA Certificate #05217