austin3515 Posted September 29, 2010 Posted September 29, 2010 OK, money is at John Hancock, with an RIA. RIA Fees are reproted by Hancock as direct expenses AND it is also reported on their Schedule A reprot, because it is BOTH a direct expense AND a payment by an insurance carrier. The schedule C instructions are very clear that you don't need to report on C fees already reported on Schedule A, but I don't see that sort of exception for this... Austin Powers, CPA, QPA, ERPA
austin3515 Posted September 29, 2010 Author Posted September 29, 2010 Do the same expenses get reported BOTH as an expense and then again as payments from an insurance carrier under the compliance questions... Austin Powers, CPA, QPA, ERPA
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now