Glossary: Fiscal Year
A “fiscal year” refers to the 12-month period on which an organization keeps its books.
Do I Prorate Income from a Fiscal Year K-1?
Question from a web visitor: do I prorate income from a fiscal year K-1? Short answer: NO.
A “fiscal year” refers to the 12-month period on which an organization keeps its books.
Question from a web visitor: do I prorate income from a fiscal year K-1? Short answer: NO.