04-15-2004, 07:53 AM
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 Re: Owner Equity daveA wrote: - quote - > I closed down a business in 2003 and have 70k of owner
You don't say what type of business entity conducted the> equity left on the books... is there anyway to account for > this on the taxes.. it is a loss and would like to know > where to account for it. business, whether proprietorship, partnership, corporation, LLC....... perhaps you should consult some local qualified tax help on this matter. Cheer$$$$, Harlan Lunsford, EA n LA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
04-14-2004, 08:03 AM
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| Owner Equity I closed down a business in 2003 and have 70k of owner equity left on the books... is there anyway to account for this on the taxes.. it is a loss and would like to know where to account for it. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| equity, owner |
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