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Get your taxes done using TurboTax
A Multi-member LLC. Me and my wife. I did all the 6252 forms and we took a huge hit on our form 4797 net gain. From what I can see everything going forward is simple capital gains so it seems as if I can handle everything on a single 6252 in the 1040 for "Sale of Business in Prior Year".
‎January 14, 2022
12:42 PM