Hello, I am pretty good at taxes but I am confused on a cple of things right now, please help!
1. I started a restaurant in 2023 with my dad. We chose to do an LLC 2 member partnership. Sadly at the end of 2023 we had to go out of business. We both rec our K-1 with a big loss. after putting the info into TT, when I look at forms it seems to show I made a profit of the exact amount of the loss and I am being taxed. I know I had to have put something in wrong somewhere. My accountant told me i didn't owe taxes because he had done my personal ones, but i didn't pay him for that because it was cheaper to use TT. I am presuming somewhere I was not supposed to use a negative in front, maybe?
2. when I get to "partnership disposal" I am unsure of which to choose because of the next set of questions don't pertain to just closing the rest. please help!!
