buelfarm
Level 3

No, I did not - she simply brought me the Sch K-1 (along with a long story ... ) - she has NO IDEA how the numbers they gave the accountant came out on her Line 1, Sch K-1.   He treated everything as Distributions, apparently, even though the 2 partners each had Draws ... I told her I thought there should be Form W-2's ... maybe I was right about that?  Feeling like I should never have told her I could look it over for her, even though I don't "do" S-Corps ... I thought I couldn't go wrong with a correct Sch K-1, but she had no answer when I inquired about the Form W-2.  

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