Get your taxes done using TurboTax

@nexchap 

 

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!