Linda Keith CPA » Schedule K-1

% Ownership: Conflict between K-1 and Operating Agreement

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

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Linda Keith, CPA

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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:

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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

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

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

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Linda Keith, CPA

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