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question on partnership return

Ardithm01
Level 1

Another question.  The two young men who are partners with their dad need to show income because one is building a house and has to have something to take to the bank.  Since there is a loss on the business the K-1 is not adequate.  I have to be able to show their income some place.  Thank you again.  

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2 Comments 2
Just-Lisa-Now-
Level 15
Level 15
if they have a loss, there is no business income to show....I dont understand your question.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
qbteachmt
Level 15

Is this the same partnership as here:

https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/question-on-partnership...

No need to keep asking as new topics. It helps when the pertinent info is in the same, one, topic. Thanks.

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