Hi,
This is my first year using TT. Prior to this year, a CPA did my taxes.
I own units in an MLP - oil & gas pipeline. I received a K-1 and entered all information into TT per the instructions. , In 2019, Form 4797 was generated and included an amount from Box 10 on the K-1 (loss).
This loss was added to the loss for my small business on Schedule C and the total entered on Line 7a (other income from Schedule 1) on my 2019 1040 SR.
But TT did not generate Form 4797 for 2020, yet I also have a loss in Box 10 on the 2020 K-1.
Can someone let me know - do I need Form 4797 and how do I get TT to generate it?
Concerned.
Thanks in advance.
