Hi @nexchap
Thanks for all your help with K1 for MLP.
I have the following question.
1. I have MLP for less than a year (Short term) Bought on 10/23/2019 and sold on 3/19/2020. After completing K1 interview, I am also having the same issue. Gain subject to capture as ordinary income is not reported in column G on 8949 and hence it is 0. However, it is adjusted in the cost basis Column E of 8949. It is also included in form 4797 part II line 10. So I am assuming that there is no issue that way. Am I missing anything?
2. I have sold my ET, MPLX and OASIS all 3 MLP through broker. Do I require to file IRC Sec 751 statement? If So, do I efile my federal tax through TT and then I send the 751 statement to IRS? What should be declare or report in this statement. Where do I send this statement?
3.Is there a support number by TT where we can call and clarify our doubts?
Thanks in advance.
Ajay Shah
