Business value and divorce

K-1 business income and support

K-1 business income in Michigan divorce, alimony and support cases. (c) 2015  Many tax returns contain schedules.  If your spouse has business income, then the income is reported on schedule K-1.  Schedule K-1 provides information regarding a business owner or partner’s share of income, deductions and credits.  Schedule k-1 business income is an Internal Revenue Service form that[…]

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