JONI9611
Level 3
 
0 Cheers
abctax55
Level 15

What is a K-1 Sch C  ????

What does the partnership agreement say about unreimbursed expenses?

OR, is this a S-Corp K-1?   

NMI

HumanKind... Be Both

View solution in original post

0 Cheers
JONI9611
Level 3
Client did not provide this information. I would say there is no agreement for this. It is a partnership.
0 Cheers
abctax55
Level 15
Perhaps client would provide the needed info if his/her professional tax asked?
HumanKind... Be Both
0 Cheers
JONI9611
Level 3
I know this client will not know. She did not know if she was incorporated or not. I had to investigate.
0 Cheers