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Business & farm
Hi Champ,
Sorry to bother you again. As you mentioned above that "you will need to file a final form 1065 and all assets in the LLC will be reflected as a liquidating distribution to the members." I've been using TurboTax all my life and is this something thing that I can use Turbotax to do (the final form 1065), to run a test scenario? OF COURSE, I'll be consulting with the more local tax professionals because I can't afford to make mistakes on things like this. However, I like to know as much as possible before I talk to them so I can understand them better.
‎November 17, 2021
12:47 PM