Quote:
Originally Posted by Abbey1
If you established a partnership, money you send him is not an expense. It's a partner's distribution. It will reduce his basis. It is not taxable to him unless his distributions exceed his basis. The money you send him is not taxable to you either. You should be filing partnership tax returns to report your income and expenses.
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Maybe I missed something but what does this reply have to do with the question the OP asked or any other thread poster addressed?