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K1 & 1099B
We sold a PTP that we had held for years. The sale involved some long-term and short-term transactions. We received both a K1 from the partnership and a 1099B from our broker. I am totally confused about how to enter this. There is also a "worksheet" on the back of the K1 that has steps for calculating total gain/loss and capital gain/loss and what percent is long term, but I am quite confused about how this all goes into TT.
May 11, 2021
1:23 PM