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posted Apr 11, 2024 12:09:27 PM

One person LLC. Invested in start up company. Received schedule K-1 showing my initial investment with no profit/loss...Using TurboTax, where do I file/report this?

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1 Replies
Expert Alumni
Apr 11, 2024 2:55:45 PM

I believe you mean your LLC purchased an ownership share in a company and received a schedule K-1 in the name of and listing the federal ID number of the LLC. If so, you would report that on your personal tax return as if the K-1 schedule had been issued to you.