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Investors & landlords
Maybe I'm missing something, but in the year 2024, if you zoom in to forms view, it says right above the section where you enter your MLP/PTP sales info, "If this is a full or partial disposition of a PTP or MLP that was reported to you on a form 1099-B, enter sales price of zero on line 5 and a basis of zero on line 7 below. Enter the 1099-B transaction on Schedule D, checking the appropriate "Reported on 1099-B" box A or B.
I take that to mean if I follow the above and then enter the 1099-B as it's reported to me, everything should be calculated correctly?
‎October 14, 2024
8:42 AM