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March 17, 2023
Question

2022 business failing to import 1 of 3 2021 partners

  • March 17, 2023
  • 1 reply
  • 0 views

I have been using Business since 2018. Importing from the previous year has never been a problem. For tax year 2022 the import function fails to include all partners of the LLC. I have tried numerous times to start from the beginning yet it does not import the third member. 

 

When I try to add it asks for a change in ownership...yet the percent of the two imported is only 66.7%.

 

Can you help with this function bug?

 

 

1 reply

March 17, 2023

I have discovered the error. Somehow the one partner K-1 was checked as the last filing. Since that was checked, the transfer did not include that partner. 

Went back and saved a copy of 2021 with that unchecked, saved under a new name and imported again and Voila.....no problems.

 

Sorry and hope this helps someone out there.