ETax847 Posted February 27, 2020 Report Posted February 27, 2020 I have a new client who is an S-Corp Owner. He gets his business taxes done somewhere else and wanted help on the individual side. I have looked at his past 4 years of personal tax returns and have yet to see a K-1 form. Can anyone explain how this could be? Quote
ETax847 Posted February 27, 2020 Author Report Posted February 27, 2020 Abby, I'm with you. It's mind boggling to me. I requested a copy of the S-Corp Return and might be forced to terminate the engagement if I do not receive it. 3 Quote
Max W Posted February 27, 2020 Report Posted February 27, 2020 If he has been doing his own 1040, maybe he got the K-1's and ignored it. The distributions must have been small, or negative, otherwise he would have gotten a CP2000. Quote
ETax847 Posted February 28, 2020 Author Report Posted February 28, 2020 Client still has not shown me his business return from the previous year and his current year's business return is in progress. My skepticism meter is at an all time high with this one. Quote
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