I was a member of an LLC that was acquired by a publicly traded company in 2024 and received a combo of stock (tax-free exchange) & cash. How do I report the sale info?

I received $85,352 cash and $1,693,098 stock (tax-free exchange). My basis in the LLC was $869,120 as of 12/31/2023. My 2024 K-1 reported $36,950 income.

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I would assign the new stock received the same basis you had in the LLC ($869.12) and report the $85.352 as cash in lieu, long-term gain.

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K-1s for publicly traded partnerships: 1. How not to double count divs, cap gains (also on 1099). 2. No Sched A attached but need for 199 3. No K-3, company says infor for it on K-1 but I cant figure out

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I was a member of an LLC that was acquired by a publicly traded company in 2024 and received a combo of stock (tax-free exchange) & cash. How do I report the sale info?

I was a member of an LLC that was acquired by a publicly traded company in 2024 and received a combo of stock (tax-free exchange) & cash. How do I report the sale info?

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I was a member of an LLC that was acquired by a publicly traded company in 2024 and received a combo of stock (tax-free exchange) & cash. How do I report the sale info?

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I was a member of an LLC that was acquired by a publicly traded company in 2024 and received a combo of stock (tax-free exchange) & cash. How do I report the sale info?

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