How should I enter a $180K distribution on the K-1 of a partner who is also a partner in another partnership, when working on the 1065 of that partnership? Should it be entered as cash contributed by each partner of the partnership, and how does this affect the balance sheet and capital accounts?

January 27th, 2023

What would I need to collect my deceased daughter's 401k?

October 24th, 2023

I received a Dividend Notice for $13.80 that is used for additional paid insurance. Does this affect my taxes, and how should I report it?

August 23rd, 2024

I need help doing my taxes. I don't have much experience and haven't tried anything yet. What should I do to complete my tax return?

July 23rd, 2023

I have a SSA 1099 statement for my wife, but I do not have one for myself. How can I obtain my own SSA 1099 statement?

November 27th, 2024