Investors & landlords

@one_of_the_many That's a 3rd way to get to the same goal, since you did a complete disposition.  You're objective is to get an additional short term gain of $1,924 into your tax return.  If you enter a gain into the K-1 section of the interview, TT will create a new 1099-B, coded C (for short term revenue and cost NOT reported to IRS).  So you'd have to give TT dates for the purchase and disposition, and then enter $1,924 for the sales price, and 0 for the cost.

 

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