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I am currently working on a Income Tax Project. I was asked to complete a tax return and fill specific tax schedules accordingly. There are
I am currently working on a Income Tax Project. I was asked to complete a tax return and fill specific tax schedules accordingly. There are a few lines that I do not completely understand. My question: Owner Distribution....What would be the following Tax Schedules? (It is a return of capital, but how it this recorded using Tax Schedules) Social Security Withheld....What would be the following Tax Schedules? (2021 Excess Social Security Withheld?)
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