contributing member is 0% profit/loss until we are profitable, and is 7% ownership. under change of ownership I get prompts for % entries, but not capital contribution.
As the capital contributions are neither income nor expense, these funds will not have any role on most of Form 1065.
To enter a partner's contributed capital, please follow these steps:
[Edited | 4/10/2020 | 1:07pm PDT]
As the capital contributions are neither income nor expense, these funds will not have any role on most of Form 1065.
To enter a partner's contributed capital, please follow these steps:
[Edited | 4/10/2020 | 1:07pm PDT]