Anonymous
Not applicable

Get your taxes done using TurboTax

But K1 interview ask you a question if you disposed some or all your shares that year. I did click yes.

Should not it take care of it.

 

Most of MLP had only losses? How losses are released or adjusted? against which kind of income.

 

Any suggestion how to find CPA or accountant who is familiar with investment taxes such as traders or K1. Most CPA I talked to they project confidence as they are CPA so it will be piece of cake. But when I showed them k1 and they start asking very basic question as it was first time they have seen K1 from MLP.

 

K1 is from Partnerships and Partnership is very broad topic and each industry is different. Energy MLP are different.

 

At least most of people who answer questions here are very knowledge and they do understand what a person is asking. Most CPA I have talked to, just think it is all about entering number in proper box which I can do that.