Our investment club began in 1996 and disbanded in 2018. We use IClub software to file our 1065 and K-1s. We have three stocks acquired prior to 2011 when I understand brokers did not have to report cost basis. The 2018 year end broker report reflects $430.46 more in Long Term Capital Gains than our club records. How do I reconcile this variance on the 1065? Thank you.
USA Investment Club Partnership Taxes
- Thread starter Liz22
- Start date
Ask a Question
Want to reply to this thread or ask your own question?
You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.
Similar Threads
Forum statistics
Latest Threads
-
USA Anyone have experience with Black Ore Tax Autopilot?
- Started by mich_accountant
-
Recognition of financial asset
- Started by Volabos
-
VAT RELATED
- Started by maganjam
-
USA Embedded derivative
- Started by Xuanchen
-
Canada Basic Bookeeping questions from a beginner - Incorporated
- Started by sceptre
-
UK Question about earnings made online
- Started by carltonnash
-
new here
- Started by carltonnash
-
USA Noncash Transaction
- Started by fleetyweety