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What forms are necessary when filing tax returns for an investment club? What forms are necessary for the individual members?
The club bought and sold stock in 2000. The club has six members.

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No. of Recommendations: 0
What forms are necessary when filing tax returns for an investment club? What forms are necessary for the individual
members?
The club bought and sold stock in 2000. The club has six members.


It really all depends on how you set the paperwork up for your club-
what agreements were put in place from the outset.

It's a little harder to change things after the fact. That's why you should investigate your options ahead of documenting your transactions with the IRS. Besides, I'm not the right person to be advising you.

Dove
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