Is a loss from tender / mandatory exchange of corporate bonds from bankruptcy an ordinary or capital loss?
When I enter a K-1 into the CA state column, do I enter just the adjust amnt, or Fed amnt with the adjust? Ex: Fed = 200, state adjust = -3. Do I enter '197' or '-3' ???
How do I enter: Total ordinary dividend income Qualified dividend income included above Long-term capital gain Total capital gain distribution