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LEV
LEV, Tax Advisor
Category: UK Tax
Satisfied Customers: 28082
Experience:  Tax Advisor
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Can I get line by line help K-1 form?

Customer Question

Can I get line by line help for the K-1 form?
Submitted: 11 months ago.
Category: UK Tax
Expert:  LEV replied 11 months ago.

What K1 form are you filing?
is that for a partnership?
what specific lines do you have issues?

Customer: replied 11 months ago.
I am in partnership with another person for lab. Purchased lab equipment lease 10 k a month equipment at 450. For service company for doctors to special tests Dna etc
Have done 100 tests so far and billed my partner does not need tax advantage
How to I report on my taxes for 2015 I also have aqment purchased for 350 put in action for laser therapy in March.
Customer: replied 11 months ago.
In partnership how do get k1 what type
Can I take 179 for 2016.
Expert:  LEV replied 11 months ago.

Before coming to K1 - you need to prepare form 1065

Please indicate if you have form 1065 ready?
I will help you to transfer numbers to K1

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