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Get your taxes done using TurboTax
@Valeo09 On your first 2 questions, all I can offer is to report the "correct" Capital Gain on the 1099-B. Because TT won't do any of that automatically, you have to use your 1099s and K-1s to figure out the correct answer, and then these threads can help get the info into TT correctly.
On ET, the Ord Income applicable to SUN and USAC will be shown on line 20AB. So you should enter the Ord Gain for each on their sales forms, using the same procedure as you did for ET. Doing this keeps the passive income and losses from each segregated, which is what the tax code requires.
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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 2, 2023
10:15 AM