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Need help with K1 PTP and Sales schedule
Hi can someone walk me through how to fill in the K1 interview on TT home & business? I searched the forums but I got more confused. So I purchased PTP in 2020 and sold all in 2021 so here is the step by step of what I'm doing:
On the next screen it shows enter sale information and this is where I have issues filling in the data since the sale price will be on 1099-B I'm entering 0 however I'm not sure what to enter in the rest of the fields so any help is appreciated. I attached the sales schedule for reference also.
Do I enter for Partnership basis 9,798 from column 7 or 9830 from column 10? What to enter in the rest of the fields?
Thanks again
Topics:
March 18, 2022
4:51 PM