ajsmall65
Returning Member

Form 8986 Help

Hello:  I received a Form 8986 because a partnership I invested in over-reported dividends to me in 2023.  Form 8986 and Form 8978 is not supported by TT.  What are my options?  Should I amend the 2023 tax return.  Can I simply lower the dividends reported on this years K-1 by the amount of the adjustment?  Appreciate any suggestions.

 

Thank you!