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posted Apr 6, 2025 11:21:36 AM

I invested a LLC and sold out on 1/1/24 with capital gains but no schedule K-1 issued. How can I report this capital gains on my tax return?

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1 Replies
Expert Alumni
Apr 6, 2025 11:57:50 AM

You can enter as an Investment sale. 

 

To enter an Investment sale:

Under Federal Wages& Income, select Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B) under Investments and Savings.

  1. Did you have investment income in 2024? YES
  2. Let's import your tax info  Enter a different way
  3. OK, let's start with one investment type Other Continue
  4. Tell us more about this sale  Sale of LLC Continue
  5. Now, enter one sale - enter info Continue