Activity Feed
- Posts
- Replies
-
Other non-passive items on the K-1 screen 20.2 did exactly what I wanted, deducting the business acquisition indebtedness on Sch. E, Part II, col.(i). Thanks.
-
Thanks, that worked!
-
Taxpayer acquired S Corporation stock with debt financing. Instructions for Sch. E, Line 28, under the paragraph "Debt-financed acquisition", states that the po...