Your facts need clarification:
- You indicate 3 owners, but then you state "I have a Holding company contribution to Subsidiary LLC, I put this in as partnership contribution.....in Holding company return".
- This sentence needs clarification as currently it does not make sense.
- Additionally, what is the ownership of Subsidiary LLC? LLC's taxed as a partnership do not have subsidiaries. There are tiered partnership structures, but not subsidiaries.
- Clearer facts and structure will help in responding to your question
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
