Marc-TaxMan
Level 8
12-06-2019
06:25 PM
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Why fight it?
Report the sale on Dtr's 1040 with zero gain/loss so it clears IRS computer matching review; and on 1041 which closes out in same year so any net loss (due to commissions and costs of sale) will flow thru on final K-1.
It all comes out the same in the end.
I would do it the way you suggested, but if they want to pay you to make it complicated, so be it.