Publicly Traded Partnership . Sold all units.
You'll need to sign in or create an account to connect with an expert.
The basis on the 1099 won't be correct. You'll want to calculate it following the instructions on the Sales Schedule, and then enter the calculated value on the 1099. Here's a link to a post that walks through how to make this work correctly in TT: https://ttlc.intuit.com/questions/3760966-how-i-report-the-sale-of-mlp-shares-in-turbo-tax-i-sold-al...
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
K_lead90
New Member
TomG6
New Member
MGloeckler
New Member
Cat_Sushi
Level 2
nessa1614
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.