JeffreyR77
Expert Alumni

Get your taxes done using TurboTax

You can enter it in Investment Income as a Sale:

 

  • Description - Loss on LLC Interest
  • Date Sold - Date of withdrawal
  • Date Acquired - Date of original investment
  • Sale proceeds -$0
  • Cost or other basis - Loss amount
  • Holding period - Long term (if over 1 year)

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