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Get your taxes done using TurboTax
Thanks so much Nexchap!
On K1 there is nothing about ordinary income at all. I have entered all the 0's and adjusted the basis on 1099-B. Now on a Summary Screen of TT it shows $X on Stocks, Mutual Funds, Bonds, etc. subsection of the Investment Income section and $Y (which is the same number from box 11) on Contracts and Straddles subsection of the Investment Income section.
Also, since I have box 13 populated, TT asks me what is "code W" is for....K-1 does not specify...
‎April 5, 2022
5:35 AM