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VANGUARD NATURAL RESOUCES 1065 K1 : Why I am paying to IRS for 0.000 income
Hi, I received 1065 K-1 from vanguard. I have difficult time to fill it in turbo tax. In my 1065 box L i have following option:
capital distributed during the year 9343
current year increase(decrease) 5378 (shall I put thus number -)
withdrawals & distributions (14721)
So what shall I do. Shall I put 14721 as -14721
Also in box 17, there is a * and answer is STMT
Also in box 20 there is a * and answer is STMT
When I use turbo tax there is no option to select *Please help. I have to amend my form as I already submitted it. Just received this 1065 K1
I think i am paying taxes on 5398, why? I never received this money.
I have attached all picture from my tax return
thank you
capital distributed during the year 9343
current year increase(decrease) 5378 (shall I put thus number -)
withdrawals & distributions (14721)
So what shall I do. Shall I put 14721 as -14721
Also in box 17, there is a * and answer is STMT
Also in box 20 there is a * and answer is STMT
When I use turbo tax there is no option to select *Please help. I have to amend my form as I already submitted it. Just received this 1065 K1
I think i am paying taxes on 5398, why? I never received this money.
I have attached all picture from my tax return
thank you
Topics:
‎June 6, 2019
3:48 AM