Answer
Feb 06, 2024 - 01:23 AM
Schedule E reports income/expenses directly on your 1040. The K-1 passes through information to you via the K-1.
How is the K-1 different than a Schedule E? Mastering Rental Property Finances for Tax Season
We have a two-member LLC for a rental property. My CPA says he will provide us with K-1 forms for our personal tax prep. How is the K-1 different than a Schedule E?
Question ID: 6604517 Status:
Open Feb 06, 2025 - 01:22 AM
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