HardtoKeepUp
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@PatriciaV Have never received that type of statement from a PTP, and have been investing in that space for over 15 years. They summarize their QBI info in a si...
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It sounds like the terminology of 'Statement A' is unique to TT-generated K-1's?Publicly-traded Partnerships (PTPs) do not use that designation - they just incl...
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I have been very confused over the years by the reference to "Statement A".The regular K-1 has its normal set of entries - - - but is 'Statement A' the summary ...
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Thanks.This is a pretty big issue, as recapture on a long-held PTP can be quite significant.Do you know of any way to drill into TT to see how it calculates QBI...
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That's exactly what they did. They found the error for 2021, and realized it would pancake forward into 2023, so they ask to confirm the correct 2021 carryforwa...
Activity Feed for HardtoKeepUp
- Posted Re: 2 K-1s, one has Statement A the other does not? on Get your taxes done using TurboTax. April 15, 2024 7:29 PM
- Cheered Re: Form 1116 needs an explanation for baldietax. April 15, 2024 5:30 PM
- Posted Re: 2 K-1s, one has Statement A the other does not? on Get your taxes done using TurboTax. April 15, 2024 11:53 AM
- Posted Re: 2 K-1s, one has Statement A the other does not? on Get your taxes done using TurboTax. April 15, 2024 9:14 AM
- Posted Re: Determination of Qualified Business Income Credit on Investors & landlords. April 15, 2024 9:06 AM
- Posted Re: Incorrect AMT Capital Loss Carryover on Investors & landlords. April 15, 2024 12:43 AM
- Cheered Re: Incorrect AMT Capital Loss Carryover for mportale. April 15, 2024 12:39 AM
- Cheered Incorrect AMT Capital Loss Carryover for StockOperator. April 15, 2024 12:37 AM
- Cheered Re: Incorrect AMT Capital Loss Carryover for David55NN. April 15, 2024 12:37 AM
- Cheered Re: Incorrect AMT Capital Loss Carryover for BrittanyS. April 15, 2024 12:37 AM
- Posted Determination of Qualified Business Income Credit on Investors & landlords. April 15, 2024 12:34 AM