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How do I report sale of PTP MLP entity? 1099 B shows shares transactions with L/T loss and K1 shows a ordinary gain and adjustmt to reduce cost basis. TT Online version.
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June 6, 2019
10:54 AM
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June 06, 2019
10:54 AM
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How do I report sale of PTP MLP entity? 1099 B shows shares transactions with L/T loss and K1 shows a ordinary gain and adjustmt to reduce cost basis. TT Online version.
Please see this answer from last year. It should handle any scenarios you're dealing with: 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!
**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
June 6, 2019
10:54 AM
1 Reply
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How do I report sale of PTP MLP entity? 1099 B shows shares transactions with L/T loss and K1 shows a ordinary gain and adjustmt to reduce cost basis. TT Online version.
Please see this answer from last year. It should handle any scenarios you're dealing with: 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!
**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
June 6, 2019
10:54 AM
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