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Get your taxes done using TurboTax
-Yes, my wife and I have partnership, with no one else.
-I am being GM in this partnership.
-I also do think I qualify as a trader and not investor.
So I was able to figure out Form Mode and entered "A IRC988 (002)" and amount. (002 is trading accnt number)
But where and how can I put expenses from trading? computer, fees, etc
I know I should leave 1065 page1 blank(both income and deduction), but fill page4 schedule K because trading is not self-employment gain or loss.
Thank you
‎February 1, 2020
11:43 PM