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Tag: K-1

Posted on March 31, 2017January 19, 2019

Why is my capital account declining?

Good question! But not a cause for concern. It’s normal.

Continue reading “Why is my capital account declining?”
Posted on March 31, 2017January 19, 2019

Why doesn’t the amount of distributions on my K-1 equal the deposits I had last year?

The amount of distributions listed in box 19 of the Form K-1 differs from the total distributions for the year. Why?

Continue reading “Why doesn’t the amount of distributions on my K-1 equal the deposits I had last year?”
Posted on March 31, 2017January 19, 2019

How do I make sense of my K-1?

Simply put, with difficulty! Speak to your CPA.

Continue reading “How do I make sense of my K-1?”

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