Hello, this is my first year trading stocks. Turbotax imported all my transactions from my broker. I also received several K-1's because of some transactions I did from publicly traded partnerships. Do I have to enter these K-1's into turbotax as well? Is that going to duplicate the transactions that were imported?
The second question, the imported transaction shows the correct information, purchase amount, sell amount, profit/loss amount. However, schedule K-1 show different profit/loss for that same transaction! Here are real numbers: actual transaction imported: $322 profit. K-1 shows: -$4311 (loss) in section L and -$4308 (loss) line 11-c.
Thanks
