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Get your taxes done using TurboTax
I've dealt with roughly 20 different MLPs, and every one of them has Ordinary Gain and Adjustments to Basis that vary by lot. Older lots have much higher adjustments, and much higher ordinary gain, then newer lots. Its possible your MLP is different, or that your accountant just doesn't understand this space.
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**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 7, 2019
4:03 PM