asked

We are an S Corporation. I've always done our taxes using H&R Block software. A question that I can't find an answer to is about the K-1. It says to check the box if the Corporation has Aggregated activities for section 465 at-risk purposes. We do have at-risk purposes, I've established that. But aggregated means a group of people or companies. We are only one company. Does this apply to us?

December 26th, 2024

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