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Get your taxes done using TurboTax
while traded like a stock it's a publicly traded partnership (BOX D on K-1 checked) and you report it on your tax return like you had an interest in a partnership which means entering the k-1 info. if you don't expect a notice from the iRS. your tax basis in it is affected by the income, loss, deductions and distributions reported on the k-1.
May 17, 2024
7:47 PM