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Level 3
January 27, 2022
Solved

Why doesn't the partner's share of liabilities and capital balances don't print out on their K-1?

  • January 27, 2022
  • 3 replies
  • 16 views
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Best answer by sjrcpa

Does the Balance Sheet and M-1 populate?

Are you below the threshold where these are required?

3 replies

sjrcpa
sjrcpaAnswer
Level 15
January 27, 2022

Does the Balance Sheet and M-1 populate?

Are you below the threshold where these are required?

The more I know the more I don’t know.
DENPAuthor
Level 3
January 27, 2022

Yes, I am below the threshold, so that answers my question.  Thank you!

sjrcpa
Level 15
January 27, 2022

You're welcome.

The more I know the more I don’t know.