I had a change in ownership for an LLC in 2024 (3 of 5 owners are leaving and reducing their ownership to Zero). I selected the members that are no longer member by selecting this is their last year. I updated their profit percentages AFTER to Zero, but when I go to the K1's it is still showing the same ending ownership as the beginning ownership. I am assuming the K1's percentages should change and relfect the new end of year percentages. What am I doing wrong on entering these details?
