Thank you@nexchapfor all your help on this! It seems odd that USO reported all gains in line 11 with a code C, which flows through as straddles and contracts. I...
Hi@nexchapThank you.If I understood you correctlyFor the $1800 income I have in K1 form cell "11. Other income (loss): C $1800" : I need to pay tax with a 60% &...
Hi@nexchapThanks again for your response. I have some additional questions on your guidance"On the rest of the K-1 interview, you'd enter the values and line it...
Hi nextchap,Thank you so much for the quick response. I read through the discussion link and it is very helpful. I just want to confirm that I got this correct....
Thank you so much! I wish my tax expert knows this...i am using turbo tax live this year, but she said that I should follow approach 1. I am glad that I asked t...