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How to complete closure of llc parternship
I have an llc partnership. It closed it this year and made no money from it. On the turbo tax it asks the following and do not know what infomration to enter:
1. Describe the partnership - I don't know if it should be "this partnership ended in 2024" or non of the above.
2. If I mark this partnership ended then it wants me to "Describe Partnership Disposal" which there are options - no entry, complete disposition, disposition was not via sale. It was not sold I just closed it and didn't make any money.
3. If I mark disposition was not via sale it asks for a purchase date and sale date but I did not sell it.
There is no clear path on the options to pick if the business had no income/revenue, and was just closed.
March 11, 2025
10:33 PM