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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!
**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
March 22, 2021
1:41 PM