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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.
March 4, 2020
3:56 PM