question1231
Returning Member

K-1 BOX16 checked, but without K-3

Hello,

 

I traded stocks (ProShares UltraShort Bloomberg Natural Gas) in 2022 and received K-1 recently.

In the K-1, BOX-16 was checked, but without K-3. (The K-3 will be made available online by the end of June 2023).

My questions are :

 

1. how to fill out the tax return without K-3? 
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2. TT asks to provide details of BOX 13, code, W.  Which I should select? In the instructions of K-1, it says Code W. other deductions,  see page 12 of the IRS instructions.  

w_.jpg

 

3. Which should I select for the describe the partnership?  The amount on L (ending captial account) is 0.

 

3.jpg

 

Thanks a lot