- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
@maynard7 Nothing on the K-1 itself is affected by the holding period of the different lots. If you follow the instructions elsewhere on this thread, your LT/ST Cap Gain/Loss is handled entirely in the 1099-B section. The only thing that the K-1 Sales section deals with is the Ord Income, which isn't affected by holding period. Just enter 'various' for the dates when asked.
**Say "Thanks" by clicking the thumb icon in a post
**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 16, 2024
7:51 PM