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Get your taxes done using TurboTax
@BobC01 There should be no difference in tax between the two. If there is, its either an error you're making in the way you're entering data, or a known bug in TT related to letting the K-1 generate a 1099-B (if this is a partial sale, its most likely the bug). Given TT's bugs, there's no reason to let the K-1 generate a 1099-B.
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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!
‎April 1, 2023
2:05 PM