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Determine basis and selling price from my K1 (1065)
I received stock options that vested upon sale of the compancy LLC, in 2023. I have income (Part III) in only boxes 6a (22,175) and 6b (22,175), 8 ($50), and 9a (176,107). I also have distributions of 672,335. My partners capital account analysis in Part II shows as follows:
Beginning capital account None
Captial contributed during the year Blank
Current year net income $198,329
Other increases $474,006
Withdrawals and distributions ($672,335)
How do I determine my selling price and basis for turbo tax.
‎April 15, 2024
10:34 AM