Please delete question

ephilbert — Sat, 01 Jun 2019 21:31:41 GMT

There are multiple ways to handle this. I suggest you us...

DDollar — Sat, 01 Jun 2019 21:31:42 GMT

There are multiple ways to handle this. I suggest you use the K-1 as all the information on the K-1 needs to be reported, and you will need to allocate between capital gain/loss and ordinary gain/loss. The information on the 1099-B is reported to the IRS, so in order for your tax return to match IRS records, enter the 1099-B, but use a cost basis that is equal to the proceeds so that you have a gain/loss of $0.

topic Please delete question in Business & farm

Please delete question

There are multiple ways to handle this. I suggest you us...