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Will I receive a Schedule K-1 for a MLP stock which I owned for less than 6 months (non-covered security which basis is not reported to the IRS) and had (1) distribution?
I already received a 1099-B on the sale proceeds, and, a 1099-DIV on the distribution. The 1099-B stated that it was a "noncovered security which basis is not reported to the IRS"). The 1099-DIV stated that the "partnership distribution is non-reportable and is not being furnished to the IRS". I wasn't sure if I should expect to receive a K-1 form for this short term security.
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‎June 3, 2019
5:16 PM