mcb39

I was afraid of Max because it is a little overkill for me, but have used it for 2 years now and it is fine. I think that is where they are gradually navigating everyone. I don't think the price for Max went up this year. Could be wrong, though...

Hey, I'm glad to see you all. I plan on disappearing into the wilderness tomorrow night all alone (with laptop, of course). I am going to line up a couple of good novels, some good food and just "be gone"!

No problem at all....I guess I would just use Child. As long as his SS# doesn't come up on another return (which it won't) there should be no question....

Amazing!!!!

I put it on line 5 for the ones that I had....

De.....Both the guaranteed payments and the portion of the ordinary income on Line 1 are SE income. The only difference is that the GP are only taxed to the Partner who received them. The Line 1 income, which remains, after all GPs are deducted is split between the partners and taken to Sch E; page 2. The losses from the deer farm should also flow to Sch E page 2 and wipe out or decrease the other earnings. The K1 input sheet has space to enter more than one K1. Enter the LLC ID# and they will each magically turn up on different lines of the Sch E and all of the adjusting will be done there...

to create this forum for US....We, as ATXers, should be extremely appreciative. We were left adrift at a very critical time in the season and lost contact with each other. Now we can be back together again and, hopefully, we can remain that way. My heartfelt thanks to all who had a hand in this Community and all who participate in it. Marilyn

De.....the value of the LE is determined on the day that the final remainderment holder dies. Up until then it is just being held for the heirs. Marilyn