LLC info transfer from 2018

Forum|Forum|6 years ago
February 7, 2020
6 replies
4 views

None of my info from my 2018 LLC taxes are transferring to this year. When I try to input the 4 LLC members into the partnership again, it tells me that a change in ownership has occurred, which it has not.

TurboTax Business Windows

Anonymous_

Level 15

There have been a few issues with partnership (1065). S corporation (1120-S), and even trust/estate (1041) transfers from the 2018 Business edition to 2019. A few users have reported partners/members, shareholders, and/or beneficiaries have been dropped during the transfer.

I would suggest holding off on transferring until after an update is released.

Gables123

Level 2

Been waiting for weeks now for this simple patch.

Anybody know if this is being worked on.

Members won't transfer from 2018, forcing a 'Change in Membership' that didn't occur, but the software is forcing it.

Anonymous_

Level 15

@Gables123 wrote:
Members won't transfer from 2018, forcing a 'Change in Membership' that didn't occur, but the software is forcing it.

Have you checked your 2018 return? Support has discovered that there were errors in the returns of several users that caused transfers of partners and shareholders to fail.