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- How do you report the gift of a capital interest in a 1065 to another member?
How do you report the gift of a capital interest in a 1065 to another member?
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Carolinap
Level 1
06-13-2020
10:31 AM
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I'm a little lost..
Partnership 1065 One partner has a remaining Capital Balance of $15,000.00 wants to Gift it to the remaining partners.
How do I enter the Gift and remove the partner that is gifting and leaving?
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1 Comment 1
qbteachmt
Level 15
06-13-2020
11:01 AM
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You posted this three times. This specific location is Community Suggestions, not tax prep. Please keep to your topic at this link:
Let's not post multiple times in the community for the same one issue. Thanks.
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