My partnership sold qualified small business stock and had a gain. I did not get a 1099-B. Proconnect is not generating a schedule D nor Form 8949. The gain shows upon on line 11 of the K-1. Does anyone know why the software is treating it like that?
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11 and what letter?
It shows up on line 11, code i. However, there is no schedule D or Form 8949. Do you know why not?
What's the description you got for 11 I?
Where did you enter it in PTO?
i = Qualified Small Business Stock Gain (Section 1202).
I entered it under schedule D (dispositions)
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