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received K-1 and 1099-B how to take of duplicate loss
We received a 1099B and K-1 for the same sales.
K-1 only has info in box 11C which is a loss
We have the option to generate our 8949 with another software (we attach it as a pdf to our return since it's pretty big) so we can adjust the cost basis of those transactions in the software.
My question is when I plug in the info of the K-1 into Turbotax under what condition will any of it generate an 8949? I'm worried about having duplicate 8949 pages and would like to know how to avoid that.
On the K-1 box 5 and 8 and 13W are zero, box 11C is a negative number and the rest are empty.
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March 20, 2022
2:01 PM