1120s Schedules Explained Step-By-Step (Schedules K, L, M-1, M-2, K-1, Form 7203) - Tie books to tax
15:22
YouTubeSailer Tax & Accounting
1120s Schedules Explained Step-By-Step (Schedules K, L, M-1, M-2, K-1, Form 7203) - Tie books to tax
I wanted to share a video on a way I like to think through Schedules K, L, M-1, M-2, K-1, Form 7203 on an 1120s Business Tax Return. It may help you understand things like: Distributions in excess of basis Separately stated items (interest, charitable contributions, Sect 179 expense) Book to tax reconciliation K-1s Form 7203 Additions and ...
2.5K views10 months ago
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