- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Schedule K-1 VIX Stock open and closed same year??? Sales Dates? Sale Info?
Hi, really hoping for some help around my K-1 form for what was sent for open and closing of VIX shares. I filled my K-1 to the point where it says where I checked "This partnership ended in 2022" It was for the stock VIX and I had 20 shares ought on 3/22/22 and sold on 3/23/22 and then 25 shares bought on 4/19/22 and sold on 4/20/22.
So I proceed to put "Complete disposition"
Then "Sold Partnership Interest"
Then I get to "Enter Sales Dates" Do I put the first sales date and last sell date here (ie. 3/22/22 - 4/20/22)?? Or something different?
Then from there where do I get the "Sale Information" Its asking for Regular Gain or Loss: "Sale Price" "Selling Expense" "Partnership Basis", "Ordinary Gain:, and "1250 Gain" and then AMT Gain or Loss: " Partnership Basis", "Ordinary Gain", and "1250 Gain"? Where can I find this info?
Learned the hard way here to stay away from these types of stocks. If it helps my beginning capital account is 0, capital contributed 907, net income 0, other increase 0, withdrawals 907 and ending capital account 0.
Thank you for any help!