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How to Fill Out Schedule K for Form 568 for LLC

I established an LLC for my Roth IRA in 2022.  I invested my retirement income in Cryptocurrency.  Which lines in Schedule K do I report the fair market value of my investment?  I did not sell my crypto.  My money remains invested in crypto.  The fair market value decreased from  Jan 2022 to Dec 2022.  How do I report the change in value.  I did not sell the crypto.  

 

Also, who in TurboTax can I hire to look over my Form 568?  Thank you.

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1 Reply
RobertB4444
Expert Alumni

How to Fill Out Schedule K for Form 568 for LLC

Since it is the value that the LLC is carrying this change is a balance sheet change, not an income or deduction change.

 

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