Accountant-Man
Level 13
07-04-2020
01:37 PM
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I use the additional k1 worksheet that appears when I check the Final box on the k1.
HOPEFULLY, you have all the data you need on the k1.
If the PTP was sold through a brokerage, you also have the sales proceeds on the 1099B, but then it is entered twice(and incorrectly from the 1099B). Then I enter a fake reversal on Sch D so its gain or loss is not double-counted.
** I'm still a champion... of the world! Even without The Lounge.