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Get your taxes done using TurboTax
My understanding is Profits Interest is not a taxable event, but Capital interest is, which is what I have granted. But I'm struck to see a big tax liability it'll incur for me in that case.
Source: https://www.irs.gov/publications/p541#en_US_202203_publink[phone number removed]
‎January 4, 2024
9:59 AM