CSS Profile messed up my financial aid

striped_sandal
Wed, 13 Apr 2016 23:40:11 +0000

If your stepdad doesn’t own the company, why is he reporting the money in the company bank account on his income taxes?

Okay, more of this has just been revealed to me. My step-father does indeed have ownership in the company, but it is jointly owned across the 20 members of the business. Therefore he does not have control over spending the money for anything outside of the business (it cannot be used to pay for my college education since it belongs to other people too in the company). What kind of form would prove this? My step-dad’s K-1 and the actual company’s tax returns didn’t do anything. Would I go to our CPA or the business’s CPA or both.