Business & farm


@accounts-mint wrote:
I converted my LLC to a C Corporation during 2019. When filling the K-1 entry in TurboTax, I checked "This partnership ended in 2019", followed by "Disposition was not a sale".

Who prepared the 1065 for your LLC?

 

Your K-1 should indicate that it is a final K-1 and, typically, a short tax year ending at a certain date in 2019 since the LLC terminated.

 

You can also select "No entry" for a disposition.