Hi
In 2016 I invested publicly traded partnership BreitBurn Energy. The 2016 K-1 showed a loss of $(4,948) and an ending capital account of $(8,949). The 2017 K-1 reported a gain of $21,976 and a ending capital account of $+13,654. In 2018, I disposed of all the shares before the bankruptcy was finalized. The 2018 K-1 shows a loss of $(-881) and a capital account of $0.
I failed to include any of the K-1 information in any of my returns.
How do i report these now, and what are the likely tax effects?
Thank you!
