where to report an LLC profit Distribution when you are no longer a partner

[danielle-51]

If your last K-1 was filed for tax year 2023 because you left the LLC, where do you record a profit distribution received in tax year 2024? The profit distribution was made in February 2024. There will be no K-1 distributed for tax year 2024. Is it reported with all other income on the 1040? It isn't very much, less than $2000, but I know it is still income that must be reported. Thank you. This is a small family business, taxed as a partnership.

[Mike9241]

why did you receive a "profit distribution" if you were no longer a partner? could this have been your share of some of the partnership's 2023 profit distributed in 2024 included on your 2023 k-1?  Or is this for something else in which case you should probably be receiving a 2024 form 1099