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When preparing a Partnership tax return; the Partnership receives a K-1 from another Partnership it has an ownership interest in, how do you account for the dif...
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MFS results in a lower tax then the joint return. Is there a way to tell the system to split the return up and create 2 new returns both MFS?
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Prior to 2021 the entity was a single member LLC (reporting as a Sch C) which elected to be treated as an S-Corp, and continued using the same EIN.
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The taxpayer is a MD resident. The business operated in both MD and VA
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E-file a 2018 1040 in 2022
