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How to file Schedule K-1 gains?
I ended my partnership in my company in 2020 by having the company (LLC) repurchase my stock. I was a very small investor. I received my 2020 K-1 which lists the Beginning Capital Account of $6000 and Withdrawals & Distributions of -$6000. Only box 19 is filled with 'C 6000'.
The actual amount of money I received from this repurchase was $8000. How do I enter that into TurboTax?
Thank you
‎September 22, 2021
10:47 PM