Thank you @nexchap for all your help on this! It seems odd that USO reported all gains in line 11 with a code C, which flows through as straddles and contracts. In addition, it seems odd that in the K1 interview it asks you for acquire date and disposition date for your shares, when everything would then be defaulted into a 60% &40% mix....Is the 60% & 40% mix only applies to straddles and contracts income or does it apply to all 1065 forms?
