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Dear professionals,I run into a situation where the client is a nonresident of CA but registered a SMLLC in CA last year. It's at loss. I think the client needs...
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Hi Professionals,I have question about reporting a 1065 K-1 to individual tax return. From my understanding, we need to use the "Partner's Basis Worksheet" from...
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Thank you for helping! Even MD shows zero, I guess it's still helpful to file a MD tax return just for records, right?
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Hi professionals,I run into a case where a client lives in VA all year and have a new rental property in MD. The rental is having a net loss, and it's disallowe...
