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How do I properly input the bankrupt LLC without a K-1? If I enter the invested loss through the TT LLC process it shows the loss on 1040 line 14.
Have shares in a private LLC that went bankrupt in 2015. The assets were seized by creditors. There are no employees. There will be no K-1. If I enter the invested loss through the TT LLC process it shows the loss on 1040 line 14. Last year any losses were shown on 1040 line 17. How do i properly input the bankrupt LLC without a K-1?
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May 31, 2019
5:43 PM