8 out of 12 K1's

    Commodity K1's  Anybody getting them yet ?

    Posted by Ray on 7th of Mar 2023 at 09:17 pm

    8 out of 12 K1's received (all received from "taxpackagesupport.com" -- PWC).  They indicate a K3 is "attached", but it isn't.  When called, they say it will be available in June!  Good luck with that!  I try to avoid K1 trades (using ETF's); but, have already traded USO this year.......  :-(

    Be aware: If you're trading

    Posted by RichieD on 8th of Mar 2023 at 07:40 am

    Be aware: If you're trading inside a retirement account (401K, profit sharing), you will still receive a K-1 for any LP you bought and sold...even if the transaction was with pre-tax money.  I try to avoid those equities as well.

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