Carried interest reporting FAQs and guidance posted – Journal of Accountancy news

  • 0

Carried interest reporting FAQs and guidance posted – Journal of Accountancy news

Category:Uncategorized

The IRS posted FAQs with sample worksheets and instructions for taxpayers to use when calculating and reporting certain net long-term capital gains from partnership interests held in connection with the performance of services that must be recharacterized as short-term capital gains.
Source: JOA News
Read More here – Carried interest reporting FAQs and guidance posted – Journal of Accountancy news