I own a publicly traded partnership (Brookfield Property Partners - BPY) and my broker has included the ordinary dividends from this PTP on my 1099-DIV. They also reside on the K-1 as expected - so TurboTax ends up double counting the ordinary dividends.
Other PTPs that I own were excluded from the 1099-DIV total, as my broker (Interactive Brokers) said that because BPY is an international company, they can't exclude it. For example - I also own Blackstone (BX) and this stock was excluded from my 1099-DIV total.
Should I manually reduce the ordinary dividend total on my 1099-DIV? How do I not get taxed twice for this?
