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The title is Avoid Schedule K-1 and 1099-B duplication for some ETF's He's using Tax Act. I use Turbo Tax. He adds a trade on, as you suggested, rather than adjusting the reported basis. I can't tell you how much time I spent on this. I knew it was reporting twice but didn't know the best way...

I just joined elitetrader specifically to tell sprstpd that you could be the only person on the entire internet who understands that k1's duplicate gains or losses on 1099b's. You're answer here is the first good explanation of the issue, so thanks. It's incredible how many wrong responses there...