- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
K-1 Sales Schedule Column 7 Adjustment
I made a partial sales of an MLP. I reported the sales proceed during the K-1 Q&A session in TT. In Column 7 of the Sales Schedule section of the K-1, the instruction said to enter the number in Column 7 as a negative number in Column (g) of Form 8949. But in the Q&A session, I cannot find a place to enter Column 7. My questions:
1. Should I just go to "View Forms" in TT and enter the number in Column 7 as a negative number in Column (g) of Form 8949 directly?
2. If Answer to Question 1 above is affirmative, What Code should I enter in Column (f) of Form 8949?
Thanks.
‎June 1, 2024
7:28 AM