faq4me
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More information provided here:Using K-1, we reported the following:Sale Price 140KSelling Expense: 68KPartnership basis: 68KOrdinary gain: 75KThe property was ...
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We entered the word "Inherited" as the date acquired, but still showing as short term gain as result. How do we fix this?
Activity Feed for faq4me
- Posted is it correct that Sale of business property appears on both schedule 1 and schedule D? on Get your taxes done using TurboTax. February 23, 2025 12:12 PM
- Posted Re: Sale of inherited property is showing as short term capital gain on Get your taxes done using TurboTax. February 23, 2025 11:00 AM
- Posted Re: Sale of inherited property is showing as short term capital gain on Get your taxes done using TurboTax. February 23, 2025 10:47 AM
- Posted Sale of inherited property is showing as short term capital gain on Get your taxes done using TurboTax. February 23, 2025 10:43 AM