@nexchapYes, the K-1 income is from 11C, contacts and straddles. Now I know how it is being taxed.Because I didn’t sell all my shares, so my K-1,11C shows $210....
One more question, please!on K-1, it said 100% sale is long term, why TT splits my sale into 40% short term, and 60% long term? Do I need to adjust that also?Th...
Now I understand the cumulative adjustments to basis better. Even I didn’t sell the shares last year, but there was gain value, and I had to pay tax for that. S...
Help please, please ! I am not sure am I understand it correctly or not.For my sale of the share, on my K-1, purchase price /initial basis amount: $200, cumulat...
