I am on the MEMBER CAPITAL entry screen for a multi member LLC.
The business had some investors back in 2011 and each one invested $25,000 at that time, and has not invested any money since.
On the section: "Cash Member Contributed to LLC" should I enter the 25,000 or does this mean to enter how much the member contributed THIS YEAR (2019)?
On the section "Cash Distributions Received from LLC", do I enter the cash distributions in the year 2019 only, or cash distributions received for 2019 and all previous years?
The questions does not say "this year" so it is not clear to me what to put here.
