club_cafe: Form 1065 income question
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Numbers that round down to $0 will not appear. However, you should be showing the expense of your bivio subscription (Schedule K, box 13d). Your K-1s should also show each member's share of the expense in Box 13, code "K". You should also see each member's ownership shares in Item J.
Ira Smilovitz
Join me at InvestEd 2010
Investor Education at Its BestTM Baltimore, MD August 6 - 8, 2010 http://www.investor-education2010.org/ In a message dated 03/03/10 09:56:28 Eastern Standard Time, CRains@whiteriver.org writes:
Hi Cindy,
I’m sorry you feel confused by what you need to do.
I wonder if your email program might be blocking our return emails from support.
I actually find four different ones where we’ve responded to your questions. If you haven’t received them, maybe we can help you determine why they’re not getting through to you.
All the numbers on the tax forms are rounded. $.46 is rounded to zero so that is why you do not see that amount on your Schedule K.
Laurie Frederiksen www.bivio.com
Ira, I checked the list you gave me and it all looks right. On the K-1's in Part III in box #20 of other information it has on some B and 16 or B and 17. Does this sound right to you? Cindy Thank you. I will check to see if they are being blocked. I never thought about that-sorry. Cindy Hi Cindy,
No problem. I’m glad you brought it up. Otherwise neither of us would have known.
J
Laurie Ellen, you probably sent your message to the wrong
address or something. I have had many questions for BIVIO and they always
always answered promptly and answers are very clear and easy to understand,
apply, etc.
BIVIO is #1 with us and our
accounting.
Bea Langley
Lady Dabbler Investment Club
As a side note--my emails from Bivio were being blocked for ages and I had no idea--about drove me crazy! I actually had to go onto my web hosts web page and add "@bivio.com" to my email list. On Mar 3, 2010, at 7:22 AM, Laurie Frederiksen wrote:
Bea, It is actually Cindy that was having trouble, not me! But I agree with you. My initial learning curve with Bivio was steep, and yet now it seems to easy I don't know why it seemed so hard! Once I got through some initial blocks, like emails from support being blocked, I couldn't be happier with Bivio. Laurie has been so helpful, and I have really enjoyed the webinars. Ellen On Mar 3, 2010, at 9:07 AM, Bea Langley wrote:
Yes, there is likely to be some differences due to rounding.
Ira Smilovitz
Join me at InvestEd 2010
Investor Education at Its BestTM Baltimore, MD August 6 - 8, 2010 http://www.investor-education2010.org/ In a message dated 03/03/10 10:17:02 Eastern Standard Time, CRains@whiteriver.org writes:
Thank you. Cindy |
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