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K-1 S Corp Tax Return

 
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superprimenova



Joined: 25 Aug 2007
Posts: 77
PostPosted: Fri Feb 22, 2008 3:20 am    Post subject: K-1 S Corp Tax Return Reply with quote
On the K-1 For S Corp Tax Return the part where you list profit
distribution, is that the profit distribution you gave for the entire
year in 2007 (regardless whether it was profit distribution for tax
year 2006 /2007) or is that the portion of profit distribution you
gave in 2007 for the tax year of 2007 only? This is accural basis.

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