What Class is consulting Income on form 8594?
Hello,
I sold my practice and the allocation included 20% Consulting. Which class does consulting go under on Form 8594?
Thanks!
Hello,
I sold my practice and the allocation included 20% Consulting. Which class does consulting go under on Form 8594?
Thanks!
Generally, Class VI if the agreement is in the nature of a covenant not to compete. Otherwise, Class VII.
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