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Level 2
posted Sep 17, 2025 12:04:07 PM

K1 problem

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? 

0 2 2813
2 Replies
Level 15
Sep 17, 2025 5:12:11 PM

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. 

Level 2
Sep 18, 2025 11:38:20 AM

thankyou