withdrawal report

Linda on

You do not need to do anything with the withdrawal report aside from giving it to the member. Hopefully his tax preparer will know what to do with it. The k-1 for that member should have FINAL checked at the top and should show a distribution.

Linda Wiltse

Tax preparer

Sent via the Samsung GALAXY S(R)4, an AT&T 4G LTE smartphone

-------- Original message --------

From: mmoriarty@crocker.com

Date:03/15/2015 6:52 PM (GMT-05:00)

To: club_cafe@bivio.com

Cc:

Subject: [club_cafe] withdrawal report

So the withdrawal report is given to the member who has withdrawn
along with the K-1 for taxes. Does the club need to do anything with
the withdrawing member's withdrawal report in regard to taxes? The
withdrawal report does not go to the IRS' correct?

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