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Get your taxes done using TurboTax
JamesG1, you are correct. The 1099-B shows all transactions of the ETF purchase and sale. So these enter into TTax as gains and losses. The K-1 indicates similar information. But when I enter the K-1 into TTAx, it is showing my loss as a Code "C" Sec. 1256 contracts and straddles. Then TTax counts the loss again.
March 31, 2021
10:42 AM