- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
1099 and K1 lead to reporting twice?
I received a K-1 for an investment, but the same investment is also listed on my 1099 from my broker.
When I fill out the K1 information in turbo tax, I end up entering my gain/loss.
Then turbotax appears to treat it as two separate assets/sales, once under the k1 and once under the 1099.
Anyone know how to do this so I don't have to pay double tax?
Topics:
‎June 1, 2019
1:06 PM