I have additional LLC cash contributions. How do I adjust my cost basis to show them?

[austinhomer]

I have additional LLC cash contributions. How do I adjust my cost basis to show them?

[Anonymous_]

Are you trying to enter the contributions? 

Click the Business Info tab, click Partner/Member Information, and then click the edit button to the right of the partner(s) who made the contribution(s).

[yarrob]

Turbo Tax for Business on my 2020 return carried over the capital/cash from the previous year - 2019. The form showed last year's ending capital balance and allows me to specify contributions.

When I specify this information on my 2021 return, the form does not carry over the cumulative cash contributions. What value should I enter in the Cash for 2021 - the cumulative or just the value for 2021?

[AliciaP1]

You should enter your 2021 cash contributions on your 2021 return.  The 202 contributions would have been rolled into basis/equity when the return rolled over in the process of loading 2020 into 2021.