I added a new member to an existing LLC resulting in a profit decrease for the 3 existing members. TurboTax is asking me if the decrease is due to a sale of partnership interest or an exchange of partnership interest. I don't think it should be either, but there isn't a different option. Can you give me some guidance? Thanks!
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
