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Get your taxes done using TurboTax
Thank you for your posting Nexchap. It is a PTP final K1 with only a long term loss . As you said the K1 interview should help. I Have to delete entries regarding the sale of the shares in 1099 B to avoid doubling on capital loss. K1 is showing adjustments reducing cost basis in supplemental sheet and also h an ordinary gain to be recorded 0n form 4797, which create for me a taxable event (unfavorable !) ,but I guess there is no way to avoid it ? Anyway thank you very much for your answer and comments.Very helpful
‎June 7, 2019
4:03 PM