Dr_tax
Level 2
09-30-2022
08:11 PM
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Hello,
My first time trying the PTO community but I'm not very hopeful because this is probably a very rare item. My client has an LLC that does factoring in essence. All income comes from capital gains. I can't get the net gain to show as income on the Sch C, so that Sch C shows the income and expenses. I could probably live with it not showing on the Sch C except that it needs to show up as income on Sch C in order to show on CA form 568 which needs to be filed.
Anybody had any experience with this?
Thanks,
Joshua Richman, E.A.
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