How to increase percentage of participation in turbo tax

USA Discussion in 'Businesses / Corporations' started by Cbetancourt83, Sep 12, 2018.

  1. Cbetancourt83


    Sep 12, 2018
    Likes Received:

    My LLC increased the percentage of participation it has on another LLC from 54% to 94%. I am trying to see where can I change this information in turbo tax but it does not ask me if the participation in this company changed. I am not sure where should I be making this change, the form 1065 in the schedule B question 4a it still says 54%.

    Thanks in advance for your help
    Cbetancourt83, Sep 12, 2018
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