Nexchap - amy thanks for your never ending help for hundreds of TT users.
Here's my situation:
I have purchase miniscule amount of USO back in 2020 (~$500 worth) and sold part of it in 2021.
1) I didn't even know I had to receive K1 in 2020 so I did not even reflect that purchase. Do you "think" I have to refile my 2020 tax returns?
2) In 2021, I have sold ~50% of my position (bought $245.85 (in 2020) and sold $500.60 (in 2021). My 1099B was imported through SoFI/Apex directly into TT
3) My K1 shows: $345 other income in box 11 (with code C), $6 in box 13 (with code W), box 16 checked (?). No other numbers are on there.
4) My Sales schedule shows: box 3 (sales proceeds) $500.60 (I wrote it in), box 4 $246, box 5 $224, box 6 $470
In the TT's Enter Sales Information, do I enter all Zeros?
In the TT's Describe the Partnership do check 3rd box from the top?
Huge thanks for all your help!!!!
