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For any question related to taxes and not otherwise covered by a more specific tag such as income-tax, sales-tax, capital-gains-tax etc. When asking about taxes, please also specify a country tag such as united-states, canada, united-kingdom, etc.

0 votes
2 answers
357 views

Passthrough LLC: Do I have to file Schedule K-1 for a partner that gets 0% of profit?

US tax law question: I have a "partner" that gets 0% of profit, is responsible for 0% of loss, but does get 5% of sale of the business should that occur. Am I required to file a K1 for him?
pixelearth's user avatar
3 votes
2 answers
118 views

Which of my tax-advantaged accounts should I hold my bond market index funds in?

In terms of taxes, gains, dividends, etc. is there any difference between holding the fund in a traditional IRA vs a Roth IRA vs a SIMPLE IRA? I assume Roth would be best, but am not sure. …
pixelearth's user avatar