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    SVXY k-1 and Turbotax

    That is exactly what is happening. I exited the position on 6/15 (never to own stock or ETF that is a K-1) and applying the entire cumulative adjusted tax basis.
  2. B

    SVXY k-1 and Turbotax

    Hi sprstpd, I went back and added up the prior year K-1's and they did tie to the accumulated adjusted tax gain basis I received recently. What I did was add the accumulated adj tax basis to the basis I report on the 1099B (E*Trade: $13,631.47 + $18,961 = $32,592). I hopefully will not get...
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    SVXY k-1 and Turbotax

    I found this on youtube. I thought it was a good explanation
  4. B

    SVXY k-1 and Turbotax

    Hi, I have read the entire thread and I am still having an issue with entering my SVXY K-1. I am using TurboTax and I have imported my 2017 1099 from E Trade. There were two trades related to SVXY in 2017. 1. Sale of 200 shares at $79 on 6/15. 2. Expiration or forced sale of a $79 covered...
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