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1

If you are no longer a partner in a partnership as of the end of any taxable year, you should not receive any more K-1 from that partnership for any subsequent taxable year. So, in your example, generally there should be nothing in your 2019 return relating to that partnership. If you withdrew as a partner mid-way through any year, you will still receive a ...


2

Frankly, your whole structure doesn't make much sense to me. I know why some people choose to work "through" a pass-through entity, but - generally speaking - it's an iffy proposition. In your case, it seems you work "through" an LLC which elected to be treated as corporation and then elected to be treated as a Sub S corporation; why??? Also, was your "...


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