S-corp K-1 Supplemental Info

[OldJack]

Ok... I agree with you Bees. However, I never said the shareholder/individual had to pay SE tax on the income. That is always a facts and circumstances determined at the individual level.

I regret having made the comment that you should study S-corp taxation. That was not a professional thing to say to another professional. There is a reason the wife calls me Old Jackass.

[Bees Knees]

I regret having made the comment that you should study S-corp taxation.

Not to worry, OldJack. I like having someone around who will argue with me. Keeps me on my toes. You always have good insight on tax issues.