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Msg  49 of 100  at  4/3/2012 12:45:10 PM  by

vireya


 In response to msg 48 by  vireya
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Re: 1099-B and Final K-1

and pshonore responds:

Paul, aren't we discussing several different things here. The 1099B reports proceeds from broker sales and also an entry into TTax schedule D. I believe the schedule D import from the broker needs to be deleted for several reasons. For one, besides usually being wrong, it is, in a way, redundant to the K-1 and secondly the profits from the sale of an MLP are not entirely recaptured as capital gains, as the broker import tends to imply.


 
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Msg # Subject Author Recs Date Posted
50 Re: 1099-B and Final K-1 vireya 1 4/3/2012 1:00:46 PM


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