Jan 14, 2022
3:24:56pm
3:24:56pm
Just got a $25K check out of the blue from a family partnership investment. I
asked what it was for and was told, "Oh, we sold some of the land in the investment portfolio late last year and that is so you can pay the taxes on your portion of the gains."
OK, thanks? The gains are going to show up on my K-1 for last year and they said we were going to get a big tax hit overall. Fun.
OK, thanks? The gains are going to show up on my K-1 for last year and they said we were going to get a big tax hit overall. Fun.
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- Hoopster
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- Apr 1, 2004
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- May 4, 2024
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