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Business & farm
Enter this as a sale in schedule D. Do that by scrolling all the way down in the wages and income section of your federal return to Investment income and clicking start next to "Stocks, Bonds, Cryptocurrency, Other".
It will be entered as a sale for zero dollars with a cost basis of $2,696. The purchase date is the date of your initial investment and the sale date is the date that the LLC shut down.
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March 5, 2025
3:53 PM
1,438 Views