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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?


To: Colin Cody who wrote (2493)12/13/1999 11:21:00 PM
From: peter michaelson  Read Replies (1) | Respond to of 5810
 
Colin:

Trying to figure out if you just answered this question, which was prompted by the previous question.

If I am a limited partner in a small-ish partnership that reports results annually per the K-1, then how should I be estimating quarterly income from that partnership.

I've generally slanted my reporting in my own favor, by filing an Annualized Income thingee showing all the earnings having been earned in the final period, although that is clearly not the reality.

Exactly what the reality is, I have no way of knowing.

TIA, peter