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Sale of membership in an LLC
A member sold there 50% membership interest to 2 individuals. Turbotax is calculating the income based on the weighted average method for the full year. I have the actual income through 11/30/2024 which is when the membership interest was sold and what want to allocate based on the actual income in that period and then allocate the income from 11/30/2024-12/31/2024 based on that actual income. How do I do this in turbotax?
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‎December 4, 2024
9:00 AM