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Get your taxes done using TurboTax
I have number of Sales Schedules that came with PTP ETF K-1s that do not include the Ordinary Gain/Loss (Subject to Recapture as Ordinary Income) or AMT Gain/Loss Adjustment. They only include Purchase Price / Initial Basis Amount, Cumulative Adjustments to Basis, Cost Basis, and Percentage Long Term.
Do I have to calculate the Ordinary Gain/Loss and AMT Gain/Loss Adjustments somehow? If so, how do I go about doing this?
Great post. Thanks in advance!
‎June 28, 2020
5:12 PM