keys 407
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I have another K1 question. In part 2, 13, there is a W*. I go to the asterisk, it says see attached statement for additional info. I go to the additional info,...
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you wrote: "Purchase price-Cumulative Adjustments =Cost Basis."However, on my K-1, it shows the "purchase price + the cumulativeadjustments to basis = cost basi...
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This was extremely helpful! However, after I entered my K1, I went back and deleted the duplicate info from the 1099 & my refund went up by around $1 more than ...
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Can you tell me then, if you don't enter the sale to avoid duplicating the tax liability, what do you do? It seems like I have to enter that I disposed of a por...
Activity Feed for keys 407
- Posted Re: In K1 "This partnership ended last year." Does this mean I sold company stock? or The company... on Business & farm. April 4, 2022 2:37 PM
- Cheered Re: In K1 "This partnership ended last year." Does this mean I sold company stock? or The company... for JamesG1. April 3, 2022 8:27 PM
- Posted Re: K-1 (form 1065) - How do I enter the sale information for an LP that ended last tax year? on Get your taxes done using TurboTax. April 3, 2022 5:28 PM
- Posted Re: K-1 (form 1065) - How do I enter the sale information for an LP that ended last tax year? on Get your taxes done using TurboTax. April 3, 2022 4:38 PM
- Posted Re: Yes, entering the sale twice would duplicate the gain. En... on Business & farm. March 31, 2022 11:55 AM