@Stumas11 Mike's script is basically the same step-by-step guidance already described on this thread in multiple spots. My point is a little different: for simple tax issues, TT requires no thought or understanding of tax. TT will ask for all the data required, do all the calculations, and produce a perfect return. With partnerships (including MLPs), there are multiple ways to make mistakes that TT won't catch (e.g., did your suspended losses get released, did you calculate the correct basis, did you get the QBI deduction). Even worse, just following the basic interview can create mistakes. So the best approach is to both a) understand what is supposed to be showing up on the different forms, and why, and b) follow step-by-step guides on how to make that happen in TT.
There's lots of help on the forums for both a) and b), and many first-time MLP sellers have used that help to get through it. But whether one invests the time to figure it out, or hires outside help, is just personal preference.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
