I read IRS publications and tried it on TurboTax. As tiddlywinks informed us here the K-1 is separate and trading is separate. So we have to enter whatever is on K-1 in correct section on TurboTax or other software. And than report the actual trade just as a stock trade, but we have to mark...
I had loss from SLV etf in 2014. I held it for over a year. Using turbo tax I entered the info from K-1 form. I also entered it on schedule D under long term losses. Is it the correct way to report it? I followed the instructions from turbo tax when doing taxes. But I read in iShares...
I trade with 3 different brokers: interactive brokers, trade station and Charles Schwab. I used gainskeeper to keep track of trades and upload to turbotax. I noticed that gainskeeper reported assigned options twice from Schwab. I had about 50 assigned options, so I fixed it in gainskeeper...