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Form 11 Cash/Capital Introduced

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  • 21-04-2015 10:57am
    #1
    Registered Users Posts: 1


    Hi,
    My question is regarding tax form 11e. In a partnership, if one person puts forward all cash/capital, do you both write in the amount on your tax returns, or does the person who put forward the money only write in theirs, and you leave yours blank.
    I feel like it should be there, to give a complete idea of the accounts, but I would like to make sure first.
    Thank you!


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  • Moderators, Category Moderators, Arts Moderators, Business & Finance Moderators, Entertainment Moderators, Society & Culture Moderators Posts: 18,306 CMod ✭✭✭✭Nody


    //MOD

    OP I think you'll find this forum more suitable for your question rather than Work & Jobs.

    New Mods; if it's not a suitable fit feel free to send it back.

    //MOD


  • Registered Users Posts: 1,677 ✭✭✭nompere


    Partnership accounts go in a Form 1(Firms) and then each individual's form 11 refers to the partnership PPS number and only includes the individual partner's share of income and capital allowances.


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