We closed our LLC Investment parternership and moved all stocks (same basis) to joint account. Do I report closure as "Disposition was not via sale"?

fcp3 · ‎March 16, 2025

We have dissolved out jointly owned LLC which was just one brokerage account. All the assets were moved to our Joint account, and the basis was transferred over . All of the options other than ("Disposition was not via sale") require a cost basis and sales price, but we did not sell anything so it appears "disposition without a sale" is correct.

Am I right?

RobertB4444 · ‎March 20, 2025

Yes. This was a disposition without a sale.

@fcp3

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We closed our LLC Investment parternership and moved all stocks (same basis) to joint account. Do I report closure as "Disposition was not via sale"?