K1 problem

Forum|Forum|9 months ago
September 17, 2025
1 reply
7 views

I bought and sold stock on of a company that issues a K1 on one day ( held it less than a day). didnt get a K1 by April so I filed an extension. Today is Sep 16 and I havent gotten a K1. I didnt get any income or distributions from the company, only a short tetm loss, since I traded it. I am unable to get any information when I call or email them. If I change my cost basis to zero since I dont know if I have adjustments, can I file my taxes?

Mike9241

Level 15

have you tried tax package support website to see if the partnership is listed and then you could check to see if you got a k-1. there is an availability date by each. They even have a phone number to call.

https://www.taxpackagesupport.com/

otherwise, I would take the position that you will not be issued a k-1 and even if you were all lines would be zero Thus. I would report the sale using your purchase price as your tax basis.

Mike9241