there are TWO (2) questions here.............
QUESTION ONE - you answered by what to fill in on TT as the capital gain in sections 1-5 which is $30,569 that on my K1 form sent by the estate in box 4a.
QUESTION TWO - The there is another question on TT which is asking what is the PORTION OF THE GAIN from the assets I received. Since it was a one time, lumpsum payment of $30,569 I think the answer to TT's question is " THE PORTION OF THE GAIN" would be the entire amount of $30,569. DO YOU AGREE OR DISAGREE???
IF YOU DISAGREE THEN TELL ME WHAT TO PUT THERE PLEASE PLEASE PLEASE!!!
This is what I am waiting for someone to answer for me.
