Thanks Rick. Section L has "Tax Basis" checked. Yes the last box was for 2017..
yes the last section in my question referred to 2017. And in that K1, Box 1 has 365 but the current year increase in Box L says 342. I don't know why.. But also when I look at 2016, that Box 1 has 53 but the inc/dec figure is -1539.. There does not seem to be a correspondence between Box 1 and the inc/dec figures..
So now when I have sold it this year, when the final K1 comes around next year.. what would happen? As of end of 2017, the basis is 2315.. There will be a new basis for 2018 in that K1? I sold all of it for $5, so just wanted to know what to expect.
The thing is I didn't do anything about these K1s (small figures, didnt fully understand what they were for at the time).. in 2015, or 2016. So although you say that no tax impact in 15 or 16, just loss carrover, do I need to go and amend them to make this happen? Or can I do it starting in 2017 and then 2018 will be the final K1. I may have to amend 2016 for other reasons and if so I can include K1 - looks like essentially there will be a loss carryover for 1539$ - there are myriad #s in the K1 but is that the bottomline or so?
