I have ownership in a pass-through entity that I'm trying to account for in ESPlanner and want to be sure I have my methodology correct with receipts/expenses and tax category. Typically I receive a non-taxable distribution and then account for the various deductions/gains in my taxes - but they are cash neutral. Here's the typical:
1.) Tax-neutral distributions - I believe should be recorded as Special Receipts, not tax related;
Pass through entity
I cannot seem to locate in the manual or previous questions how to incorporate a passthrough entity into ESPlanner Plus. I have passive ownership in a company that produces capital gains from revenue and primarily negative income from their expenses. Various expenses in that loss are characterized differently. So where to enter: equity ownership, dividend distributions and associated capital gains and negative passive income? Thanks!