- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Profit/loss 1065
We have an LLC setup as 90/10 ownership with 50/50 profit loss. (TurboTax Business 2022)
Turbotax returns an error saying that the total profit/loss is 140%. I indicated that the percentage of ownership differs from percentage of profit/loss, yet Turbotax still insists it's 140%. Any insight?
Topics:
‎January 28, 2023
7:27 AM