Level 15
This widget could not be displayed.

Eventually it will....wait for future updates.

And yes, your understanding is correct.  The info is given to the shareholders/partners/beneficiary and then the computations are done on the F 1040. 

Former Chump..umm... AllStar...This message was typed from 6 feet away so you can safely read it immediately.

If a post answers your question, click on *Accept as solution* for future searches

View solution in original post

0 Cheers