@nexchap Many thanks! A follow-up question…In part 3 of the final K-1, it has the following boxes populated (everything else is blank):
Box 5: 0
Box 8: -67
Box 11: C -1740
Box 13: W* 7
Box 16: (box is checked however the cover letter sent with the form states “Schedule K-3 is not included in the enclosed tax package” so not sure why it is checked)
Box 20: A = 0, B =7
I’m entering these into TT per the interview questions. Is there anything else I need to do to the 1099-B entry besides adjusting the cost basis from 3,527 to 1,713?
Thanks again for all your help!
