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Showing content with the highest reputation on 09/08/2015 in all areas

  1. It's not a mistake. Line C is the gross farm, or nonfarm, income allocated to the partner. The total of this line for all partners' shares would tie to line 3 of the 1065 and line 14c on page 4.
    3 points
  2. Conversion = Repairing data shifts, no matter which two software companies you are referring to. It is a fact of life for conversion. No conversion is seamless. NONE!!
    1 point
  3. I am glad 3 people like your answer because I was about to reject the K1 because I thought that that entry in Box 14 C is for farm income. After I went to ATX and I enter the information, Box 14 code C is for "gross receipts", which doesn't play in tax calculation. So I guess the K1 is correct.
    1 point
  4. Same as depositing from your computer; take a picture and send it in. HOWEVER -- most phones do NOT have the security on a desktop so I don't recommend this practice.
    1 point
  5. After seeing this article I decided to give myself a big raise. But my banker overruled it - something about there not being enough money in their bank to cash my check...
    1 point
  6. Bookeepers and accountants will always be around. At least until they become unbalanced.
    1 point
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