MEMBER/ OWNERSHIP

[pelicanelectrical]

LLC hasn't changed this past year, Why is it making me a select a change of ownership when adding second LLC partner when trying to add member?

Regardless of which member I enter first, when I try to add the second member, it says I have to select a change of ownership. 

[pelicanelectrical]

Regardless of which member I enter first, when I try to add the second member, it says I have to select a change of ownership. 

[JamesG1]

Are you trying to enter information about a single member LLC or S-corp but mistakenly selected Partnership form 1065 in the software?

[Anonymous_]

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@pelicanelectrical wrote:

LLC hasn't changed this past year, Why is it making me a select a change of ownership when adding second LLC partner when trying to add member?

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This is a known issue, but one that probably involves your 2018 LLC return (Form 1065). 

Support has found instances where, for one reason or another, a member was shown to have left the LLC, the LLC terminated, or something similar which impedes the full transfer of member information.

The solution involves opening your 2018 return (in TurboTax Business), updating the software, and reviewing your return for errors (and correcting them) prior to transferring.

[pelicanelectrical]

no domestic llc