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Investors & landlords
You did it correctly as long as the "Enter Sale Information" in the K-1 portion of the interview is all 0s, calculating no cap gain or loss. That's how you avoid the K-1 creating an extra, incorrect 8949.
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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 9, 2024
6:20 PM