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Get your taxes done using TurboTax
You can enter 'various' for the buy dates, but I don't know if TT will default to treating that as short term or long term.
However, the only reason this comes up in the K-1 interview is to handle the calculation of Cap Gain/Loss. You alternative is to just enter 0s in the K-1 screen regarding the sale info, and then handle the Cap Gain/Loss in the 1099-B interview.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
‎April 6, 2022
10:42 AM
698 Views