an
Level 1
‎09-07-2021 05:12 PM

client has losses for 2020 but he does not wants report k1 for 2020 he wants to forward for

next years. he wants to report a portion of it

0 Cheers
Accountant-Man
Level 13
‎09-07-2021 05:53 PM

He can't do that. Tell him to hire a professional. 

** I'm still a champion... of the world! Even without The Lounge.
abctax55
Level 15
‎09-07-2021 06:49 PM

"....Tell him to hire a professional. "

@Accountant-Man - You forgot the /S

HumanKind... Be Both
dd4vols
Level 10
Level 10
‎09-07-2021 10:09 PM

I'm trying to find in the IRC where the client makes the rules about how much loss (or gain), to report.  And to think, all these years, I've been reporting actual gains and actual losses... SMH

If an answer solves your issue, click on the "Accept as Solution" button! Makes it easier for people to find answers to similar questions that have already been posted.
Terry53029
Level 15
Level 15
‎09-08-2021 08:32 AM

@dd4vols That IRC reference is Joes barbershop, and a lot of my clients try to use it.