PatriciaV
Expert Alumni

Business & farm

If you didn't receive title to any property and the final distribution was entirely cash, you would not need to file Form 7217. 

 

However, the code for Box 19 will need to be changed to "A." You might contact the firm that prepared the LLC return and question the use of Code C for the distribution.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"