Schedule K-1 is one of the most complex tax forms that an investor is ever likely to see. It's hard enough to understand from a federal income tax perspective, but when you add in the implications of ...

The IRS charges a 10% penalty on early 401(k) withdrawals David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax ...

Schedule K-1 details income from pass-through entities for tax reporting. Investors must allocate K-1 income by state to meet nonresident tax obligations. Credits may be available for taxes paid to ...