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Get your taxes done using TurboTax
You need to treat these as entirely separate transactions. The amounts being reported to you on the 1099-B are not the same amounts reported on the K-1. At least they shouldn't be. You should be reporting the 1099-Bs each exactly as they are on the forms in the section for 1099-B and the K-1 in the section for K-1s exactly as that is printed.
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March 26, 2024
10:42 AM