I have shares of a stock called Sandridge Permian Trust (PER). It is a "statutory trust, which engages in acquiring and holding royalty interests in specified oil and natural gas properties." Every year I get K-1 from this company which is confusing to report on my taxes. The K-1 has entries under Interest Income (box 5), Royalties (7), Deductions - Royalty Income, Deductions - Other (box 13), Tax-exempt interest income (box 19), Investment Income, Investment expenses, and Interest expense for corporate partners (box 20). The stock is a PTP. I am a Domestic Partner, and a Limited Partner or other LLC member. How do I report these values for my 2020 tax return and which extra forms will I need to file?
