About KC199

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Solved Re: K-1 for LLC taxed as S Corp

So does that mean I would just put a 1 in that line item? I am really not understanding what it means by units.

KC199

1

Updated Mar 13, 2023
Re: Form 7203, Item D

The LLC was started in 2022, so there is no Balance Sheet 12-31-21 for it, just my sole proprietor at that point.

KC199

1

Updated Mar 13, 2023
Re: Form 7203, Item D

I was thought about original stockholder as well, just confused because there is no stock. It looks to me like the contributions I made should go in line 2.

KC199

Updated Mar 13, 2023

Activity Feed for KC199

Cheered Re: K-1 for LLC taxed as S Corp for Anonymous_. ‎March 14, 2023 11:36 AM
Posted Re: K-1 for LLC taxed as S Corp on Get your taxes done using TurboTax. ‎March 13, 2023 6:20 PM
Posted K-1 for LLC taxed as S Corp on Get your taxes done using TurboTax. ‎March 13, 2023 6:01 PM
Posted Re: Form 7203, Item D on Get your taxes done using TurboTax. ‎March 12, 2023 3:21 PM
Posted Re: Form 7203, Item D on Get your taxes done using TurboTax. ‎March 12, 2023 3:19 PM
Posted Form 7203, Item D on Get your taxes done using TurboTax. ‎March 12, 2023 9:04 AM

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Date Registered	‎March 12, 2023 8:57 AM
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