Christine Rep
Level 3

Do you know if I need to show the gain from the 1099-B on the state allocations?  The transaction itself from the K-1, shows as a $0 amount if you were to allocate it, but there are a couple of states that do generate a tax without specifically allocating any amount from the K-1.  But, if I were to start allocating a $6,000 capital gain to each of the states, even though that amount is not specifically pulled from the K-1, they would all pretty much show a tax due.

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