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In anticipation of the upcoming May 15th deadline, we've compiled a list of the most common questions here.
In anticipation of the upcoming May 15th deadline, we've compiled a list of the most common questions here.
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- When you enter the K-3 data, does it carry over to the Schedule E or Form 6781?
When you enter the K-3 data, does it carry over to the Schedule E or Form 6781?
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caj111
Level 4
09-29-2022
10:51 PM
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Client of mine finally received their Form K-3's for three different partnerships. I have entered the data as instructed, but not only did it not affect any tax liability, I don't see anything on the Schedule E or Form 6781 (Gains & Loss from Sec. 1256 Straddles, where the income on the partnership comes from). Is there something else we should be entering on our own on these forms?
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