Sue45
Returning Member

Business & farm

@nexchap Yes, the K-1 income is from 11C, contacts and straddles. Now I know how it is being taxed.

Because I didn’t sell all my shares, so my K-1,11C shows $210. And my understand is these are the taxable increase value, which is going to be part of the cumulative adjustments for next year if I sale some shares. Am I right? 

Thanks a lot for the huge help!