If I put 100k of my own money into my business, and now my business made 150k, can I take out my 100k without it being taxable? If so, how would that be inputted onto the k-1?

  • K-1 is for partnerships. Wouldn't taking your whole equity stake out of the partnership... dissolve the partnership? – RonJohn Dec 26 '19 at 1:13
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    How did you put the $100k in? As a loan, or as equity, or something else? – Lawrence Dec 26 '19 at 10:56
  • i put it as equity, but can you please explain the difference – ein odmilvado Dec 26 '19 at 15:39
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    @RonJohn: there are K-1's for 1065 (partnership), 1120S (S-corp), and 1041 (estate or trust), all of which are broadly similar but different in detail. – dave_thompson_085 Dec 27 '19 at 11:22

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