Yes and No. Yes to the summary version worked great. However, the : "NONCOVERED SECURITIES WITH UNDETERMINED HOLDING PERIOD" INVESTMENTS have no date acquired and no cost basis. They are apparently K1 forms that I am waiting for from what I have read on the IRS web instructions. Is this common, and do I have or should I to wait for the K1s to do the taxes? I am doing this return for my cousin who is a widow and don't want to mess this up. Thanks, Also it looks like she may owe state (SC) and federal taxes without the K1s. They usually show up after Feb and into March from my own past experience. Trying to save her a $500 plus bill for tax return. Thanks
