qbteachmt
Level 15
05-09-2022
06:18 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
"Liquidating distributions are reported on a 1099-DIV."
What I was trying to understand is what was dealt with inside of the business vs just calling it quits vs taking the final money, would be different things. Until there is the tax year wrap up and the K-1, you don't know that shareholder's final position.
*******************************
"Level Up" is a gaming function, not a real life function.
"Level Up" is a gaming function, not a real life function.