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  • K1 Statements

    Posted by Unknown Member on July 7, 2023 at 4:20 am

    Does anyone here have experience with K1 statements? I’m having a challenging time trying to comprehend what goes into them and what they mean. We get K1 statements from our group every year, but they are all over the map, showing huge capital gains and then big capital losses, with no explanation as to where these numbers come from our what they mean, despite pressing our “financial officers” and group leaders. I’m starting to think that this, in addition to not divulging our equity value in the group for nearly 2 years now, might be a red flag.

    Unknown Member replied 1 year ago 1 Member · 0 Replies
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