For the same ETF transaction, I received both 1099B and K1, so the gain/loss is duplicated. It seems I need to adjust the cost basis? Is Code B in column 1(f) correct?
For the same ETF transaction, I received both 1099B and K1, so the gain/loss is duplicated. It seems I need to adjust the cost basis? Is Code B in column 1(f) correct?
Don't duplicate. Use one or the other. If you need to make adjustments, you are supposed to use the K-1 info. If you downloaded the 1099B sales, just delete that transaction.
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