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Business & farm
This is for a LLC multi-member (no revenue at all this year, still trying to get it off the ground making digital software). One member split their interest with the new member for free. It wasn't sold or exchanged. I thought the tax expert said because it wasn't a sale or exchange that I do not mark either. Now, based on the last comment I'm confused on what to do. Can another tax expert give input please?
March 1, 2024
2:15 PM