I was a member of a LLC years ago that has since closed. However loses continue to pass through year over year. I'm looking for a way to finalize the K-1 so it's closed out and no longer appears each year. Can you direct me how to do that?
Thank you,
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You may be able to delete the K-1 schedule by following these steps in the online version of TurboTax:
Find the schedule k-1 in the list and delete the form.
Thank you for your response. Is there a way to do this in the Deluxe version you download from the CD?
Matt
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