taxquestions44
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Because, as the grantor, an individual is responsible for paying income taxes on any income the trust assets generate. The income coming from the partnership ca...
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I am continuing this thread for 2023 taxes. I sold all ET shares (all 3 partnerships). Again, I filled in the boxes as above with the negative value of the ordi...
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I live in North Carolina, a non-conforming state. I am trying to figure out the various Depreciation entries on the K-1 and Sales Worksheet as a partner in a PT...
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Your example was very helpful. What worried me is that I have ordinary gain and capital loss in the same transaction. Is that okay?
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I am correlating your $100 with the Sales Proceeds on the Sales Worksheet column 3, as well as the 1099-B column 1d. I'm correlating your $80 with the Sales Wor...
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- Posted Re: Steps in Turbotax Deluxe to report a PTP sale correctly for the Sales Worksheet and K-1 on Investors & landlords. March 28, 2024 10:43 AM
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- Posted Re: K-1 sales worksheet reconciliation with 1099-B for PTP sale on Investors & landlords. March 31, 2023 2:15 PM