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Investors & landlords
@djain Definitely change the cost. They're your taxes. Robinhood's error doesn't change the requirement that you report accurate data.
As to approach, either gets you to the same tax return. My preference is to avoid using the K-1 for Cap Gain reporting, since there are circumstances where it can create errors. So I always handle the Cap Gains in the 1099-B interview for consistency.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
‎April 10, 2022
8:06 PM