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Gift interest in LLC

Pollodelmar
Level 1
how do you enter the gift of a capital interest in a LLC to another member?
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sjrcpa
Level 15

On a gift tax return or on the 1065?


Ex-AllStar

View solution in original post

3 Comments 3
sjrcpa
Level 15

On a gift tax return or on the 1065?


Ex-AllStar
Carolinap
Level 1

How do you gift 1 partners ending capital to another partner in-form 1065?

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qbteachmt
Level 15

@Carolinap 

You posted your own topic, for ProSeries, here:

https://proconnect.intuit.com/community/proconnect-tax-online-discussions/discussion/how-do-you-repo...

You posted in a topic from Dec for using Lacerte. You also put this in Suggestions. It helps to keep it to Once, and in the section for the program you are using. Thanks.

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