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Get your taxes done using TurboTax
@nancidalzell Sounds like you're on the right track. Keep in mind that the adjustments to cost basis on the K-1 Sales Schedule include past distributions, as well as every other tax related entry that has shown up on past K-1s. I mention it only so that you're not surprised if you try to reconcile the adjustments to your past distributions.
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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!
March 25, 2022
5:51 PM