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Business & farm
I had to file an extension on my 2021 taxes. I have a similar situation as daisypap. The underlying asset in a partnership was sold so the partnership was dissolved. Just to clarify the response to daisypap where TT asks for purchase date and sale date, sale price, partnership basis, ordinary gain and 1250 gain you complete the date of purchase and sale and put in $0 for the sale price, basis and gains? If that is correct is that because the IRS already has that partnership information via a filing from the general partner?
May 1, 2022
12:21 PM