I was a member of a startup LLC & resigned in 2019.The startup repurchased unvested restricted units for $58.50.How do I report it?Do I need a form from the LLC?
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I was a member of a startup LLC & resigned in 2019.The startup repurchased unvested restricted units for $58.50.How do I report it?Do I need a form from the LLC?
I was a member of a startup LLC & resigned in 2019.The startup repurchased unvested restricted units for $58.50.How do I report it?Do I need a form from the LLC?
If you experienced a loss or a profit from the partnership at any time in 2019, the LLC is required to send you a K-1. You will need that K-1 in order to complete your personal 1040 tax return.