@Mike9241 I really appreciate your assistance.
I created three separate K-1s and input them into Turbotax. I used the main ET data for the address, but used the EIN of the individual companies. I thought ET only owned investments in the other two entities. Are you saying they are businesses wholly owned by ET?
Code 13K shows up on the K-1, but the value entered is zero. I'm assuming the dollar value is low enough that the amount shows as zero.
I have only owned ET for about two years, so I still have a positive basis in the investment. This was an initial investment, I was planning to add more but the K-1 complexity scares me.
Since there is a zero in Code 13K, do I need to file a Form 8990?
Before submitting this thread, I read some other answers to similar questions related to MLPs. Is there any reason I would need to send the K-1 in with my tax return?
Mike
