dsross
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As for what I ended up doing: I was able to clarify that my original investment was basically traded for new shares in the C corp. To handle this in Turbotax, I...
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Thanks for the all the replies so far. To clarify, this was NOT a conversion for tax purposes only.On 12/31/2019, all partnership members contributed all of the...
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- Posted Re: Final K-1 conversion to C Corp, recognize passive losses? on Business & farm. March 20, 2020 1:19 PM
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- Posted Re: Final K-1 conversion to C Corp, recognize passive losses? on Business & farm. February 20, 2020 2:49 PM
- Posted Final K-1 conversion to C Corp, recognize passive losses? on Business & farm. February 20, 2020 8:21 AM