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Get your taxes done using TurboTax
@Anonymous_ Will do.
Well, maybe just one more question. This trust owns a few MLPs. On the beneficiaries’ individual returns, is it really necessary to break these out separately as their own k-1s? Turbotax says so, but if every item of ptp income is categorized appropriately on the beneficiary k-1 already, I don’t see why it matters. It asks if any of the 199A dividends are from ptps as opposed to reits, then it yells at you if you say yes. Does this actually make a difference?
Thanks again, again.
May 20, 2024
11:00 AM