JamesG1
Expert Alumni

Investors & landlords

The K-1 for a publicly traded partnership is reporting section 1256 contracts and straddles in box 11 code C.  Please see page two of the Partner K-1.

 

Does the 1099-B report the proceeds and gain or loss on the sale of that same publicly traded partnership?  Or a different publicly traded partnership?

 

I suspect that these are two different incomes and should both be reported on your tax return.

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