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Get your taxes done using TurboTax
Awesome that thread was very helpful. Just a couple quick questions if you have the time I’ve very grateful.. so I completed the k-1 interviews I did not have Ordinary Gain so I put “0” there as I had already report gain in box11c contracts/straddles.. does that sound correct?
need help with this step: “Go the the 1099-B provided by your broker. There will be a cost they provide, which isn't reported to the IRS. This can be changed, so change it to whatever provides the correct cap gain/loss (you work out the cap gain/loss by using the K-1 worksheet).”
I have found the 1099-b entries in B section of not reported to IRS. Are you able to break down in detail what exactly to adjust here and what the calculation insists? I have over 3 pages on the sales schedules as I bought and sold a ton. Just trying to figure what numbers I adjust like box 1e or 1g. A link to the a walk through video of adjusting cost basis on 1099-b TT entries would be very heldful as well. Thank you very much for your time