There is no capital gain or loss in your situation. You have received a return of capital on your investment in the partnership. Currently, with all settlement money received you have nothing to report. As indicated by our awesome Tax Champ @macuser_22: 'That has nothing to do with any additional expenses you might have had. You do not need to report a refund of your own money. Personal losses are no longer deductible from 2018-2025.'
The additional expense would not be an allowed deduction during the period mentioned.
@Justin202203
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