#1
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Schedule Y - Part 2, Column 5
All,
Should a return of capital between two affiliated companies be included within column 5 (Capital Contributions) within Schedule Y - Part 2? To me it would make sense to show this transaction as it would constitute the opposite of a contribution. Thanks, Jeff |
#2
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The instructions don't address the question but your logic makes sense to me; it's a negative capital contribution.
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Jeff Clevinger Booke Seminars Instructor |
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