Got it.
Based on the facts for this K-1:
Enter the $165 in the ordinary income box
Your overall loss, as indicated previously, is $1,024
Because some of the lo...
Ok, then let's change up how we will present this.
I haven't seen any issues in the Community that TT is not handling this section properly this season; have yo...
Responses:
In my initial reply, the 1099-B that you received should be entered into TT so you don't potentially get a matching notice.
However, the actual 109...
A few follow-up questions / comments:
Where did the ordinary gain figure come from?
This figure should be reported to you in the K-1 information
You should...
@Chrisgmitchell
I can't open either of your attachments for some reason
Don't use the cumulative income / loss. These items relate to when the decedent held th...
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