Greetings everyone, I just wanted to add smoothening to discussion
My conclusion is to attempt to fix the missed loan payments for all four quarters by accelerating payment so they are paid at the same time -- in January 2022. Thus, the shareholder will have received three total months' worth of pay in 2021 (4/3 = 1.33) instead of nothing in six out of 12 months (3/12 = 0.25). And according to moneyzap calculator, the acceleration should preserve any FWOP protection because it would be achieved only if the shareholder had been employed through December 31, 2021 , when K-1s are prepared .
Greetings everyone, I just wanted to add smoothening to discussion My conclusion is to attempt to fix the missed loan payments for all four quarters by accelerating payment so they are paid at the same time -- in January 2022. Thus, the shareholder will have received three total months' worth of pay in 2021 (4/3 = 1.33) instead of nothing in six out of 12 months (3/12 = 0.25). And according to moneyzap calculator, the acceleration should preserve any FWOP protection because it would be achieved only if the shareholder had been employed through December 31, 2021 , when K-1s are prepared .