fractalss
Returning Member

I received a K-1 form from USO after I filed my tax in Turbo Tax

Hi,

I have already filed my Tax for year 2021 via Turbo Tax.

 I purchased USO stock in April 2020 via Robinhood .  I received a Schedule K-1 (Form 1065) which shows in Box L the capital contribution, current year net income, and ending capital account. I did not sell any USO units and still holding the same number of units.

I used Robinhood Tax documents to report capital gain, loss and dividends received. Robinhood documents do not include the income as reported in the L-section of K-1 form from USO. 

 

Please advice me on this.

Best

Saurav