renos
New Member

Get your taxes done using TurboTax

Anyone else notice that 2018 K-1 sales schedules are different than prior years? Assume this has to do with the Tax Cuts and Jobs Act.  Rather than columns for Total Gain/Loss, Ordinary Gain, and Capital Gain/Loss, there is a new column called "Gain Subject to Recapture as Ordinary Income." @nexchap does this change your methodology at top (which is by far the best I've seen)?