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In the Wiley SIM TBSRWO 0011
It’s regarding Eve, Inc. and it requires you to enter amounts that would go on both the 1120-S and the K-1………
Why is the K-1, line 1 answer $0 ??
The $86,000 is compensation to the sole shareholder, Loreck.
Why does this amount not go onto the K-1?
FAR - 86 - 2/27/14
AUD - 75 - 5/29/14
BEC - 80 - 8/31/14
REG - 89 - 2/27/15
Praise Jesus! I'm done!!Study resources:
Becker
Wiley test bank
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