MWAN001
Returning Member

Business & farm

I traded UNG in 2022 so received schedule K-1. 

I held UNG position for a couple of weeks and sold with a small profit. 

 

However, at Box 8. Net Short-Term Capital Gain/loss, zero amount. Actually all boxes in Part III are empty. 

2022 Sales Schedule lists unit sold, sale date, purchase price, cost basis

Transaction schedule lists buy and sell, end of year units is 0

 

I am confused if I need to report the short term gain, even though it is zero in Box 8? 

I called the firm sent out the report, they asked to consult with Tax pro.