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Posted

Hi;

I'm working on clients Sub-S, and he went to Israel for 6 months and did business there. He had to pay Israel taxes for the income. Do I deduct this expense in full under taxes & licenses, or is only part deductible. Unsure how to deduct this tax paid.

Appreciate your help.

Bardon

Posted

Hi;

I'm working on clients Sub-S, and he went to Israel for 6 months and did business there. He had to pay Israel taxes for the income. Do I deduct this expense in full under taxes & licenses, or is only part deductible. Unsure how to deduct this tax paid.

Appreciate your help.

Bardon

Thanks all;

It is reported on line 14 of the K-1 (apportioned).

Thanks,

Bardon

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