Is this correct?My 1099-B from Schwab reports the gain/loss on the stock itself.On the K1 form reporting the sale, subtracting col.4/initial basis from col.5/Cu...
Thanks for all of your help/answers and patience as you answered my questions! I believe I am ready to enter the K1 date. I already finished adjusting the 8949 ...
Thanks again! This isn't a question but it seems that the ordinary income gets added in twice - once to increase the basis and again of form 4797. Maybe it's be...
Thanks Champ! Please bear with me as I want to better understand. As an examplePurchase Price $162,000 + Cumulative Adj -$130000 + Gain Subject to recapture as ...
Thank you! On the sales worksheet their is a column labeled "Gain Subject to Recapture As Ordinary Income" which in my case is $60,000+. Is this the accumulated...
