club_cafe: Re: Member Withdrawal-Tax implications

iras1 on

1) The withdrawal report can be found through a link at the bottom of the accounting>>reports page.

2) Gain or loss on the withdrawal from the club is reported on Schedule D, line 1 or 8 depending on how long the person was a member.

Ira Smilovitz

In a message dated 02/03/03 7:01:21 PM Eastern Standard Time, ckell@bivio.com writes:

1.) Where would one find the withdrawl report?
2.) What IRS form would a member use to report the loss ?

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