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1099-B "N/C" Causing a Discrepancy
I sold shares of a limited partnership. I had a gain of $345 on the sale, but the 1099-B has “N/C” in the gain or loss column (“Results may not be calculated for transactions which involve the repayment of principal, the sale of partnership interest”…etc.) I imported the 1099-B into Turbotax, and Turbotax, seeing the $345 difference between the proceed and cost basis, shows this as a $345 gain, but since the 1099-B doesn’t, there is a discrepancy in the total gain/loss between the two. What should I enter? Zero to agree with the 1099-B, or $345 to agree with Turbotax?
February 23, 2024
1:56 PM