turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I must make an adjustment of my basis after the sale of a PTP to reflect the proper gain. How to do this in TurboTax?

I’ve entered the partnership k-1data but I’m having difficulty providing information regarding the sale and adjustments required to arrive at the proper gain. I’m using the premier product. 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

I must make an adjustment of my basis after the sale of a PTP to reflect the proper gain. How to do this in TurboTax?

This answer may give you what you need:  https://ttlc.intuit.com/questions/3760966-how-i-report-the-sale-of-mlp-shares-in-turbo-tax-i-sold-al...


**Say "Thanks" by clicking the thumb icon in a post
**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question