Mary SASLLC
Level 3

oh, my bad. I see where I was not clear enough. The LLC did not issue the K-1, the LLC received the K-1 from its investments. Although that one was a loss, it did receive a 1099-DIV from another investment. the LLC is a partner in an REIT investment which it received its K-1 from. 

I was confused on how to enter the LLC K-1 received in its sch C, or maybe to just enter it in the general K-1 section which would be reported as a passive loss that won't flow directly to the SCH C.... pls correct or enlighten me if I am wrong lol... Thanks. 

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