Investors & landlords

This has been a source of confusion for anyone who's used TT for MLPs.  This thread was born from that confusion (link corrected):  https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/how-i-report-the-sale...

 

It will walk you through the mechanics of entering the sale.

 

Also, since you imported the 1099-B from your broker, the sale is already there (identified with either code B or E).  You'll see it in Forms mode looking at the 1099-B worksheet for the particular sale.  That 1099-B worksheet is also where you'll correct the cost basis.

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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!

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