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Re: How to Back out Section 1202 gain that is included in line 9a of Partnership K-1

I figured out a way to get the -15 into column (h) of Form 8949 / Line 10 of Schedule 😧 In the "Dispositions" input, you go to "Less Common Scenarios" and, und...

SP5

1

Oct 14, 2021
Re: Taxes

Thanks. Since I was having the same issue as the original poster, I intended just to add an example to further clarify/respond to the original question. That sa...

SP5

1

Oct 14, 2021
Re: Taxes

How do you get the -15 into columns (g) and (h) using that worksheet? I have not been able to do it.

SP5

3

Oct 14, 2021
Re: How to Back out Section 1202 gain that is included in line 9a of Partnership K-1

Thanks. This is perfect. What do you use for the description for the "nothing" entry on 8949? For now, I have "Gains from 9A of K-1 excl by Sec 1202". And thank...

SP5

3

Oct 14, 2021
How to Back out Section 1202 gain that is included in line 9a of Partnership K-1

I have a K-1 that shows 100 of long-term capital gains on line 9a, and the supplemental info says 15 of those 100 are eligible for Sec 1202 exclusion. I believe...

SP5

5

Oct 14, 2021

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