Re: Tax basis

Andrew <[email protected]>
Newsgroups alt.comp.software.financial.quicken
Organization A noiseless patient Spider
Message-ID <[email protected]>
On 03/13/23 1:03 PM, Frank Kirk wrote:
>      My apologies if this has been discussed before, but I couldn't find 
> anything.
> 
>      1.  Can anyone offer suggestions on the treatment of basis 
> reduction due to a loss in a master limited partnership?
>      2.  How do people handle basis increase due to the dis-allowance of 
> wash sales?
> 
>      (Yes, it's been a lousy year...)
> 
>      Return of capital transactions appears to be the only way, but that 
> doesn't really seem right...
> 
>      I'm using Quicken H&B 2013.  Many thanks.
Way beyond my pay grade :-) but you might also consider asking this 
question on the TurboTax community forum that Intuit maintains.  They 
have a sharp group of folks who know their stuff there.

https://ttlc.intuit.com/community/

(and I did my taxes this weekend and you're right, 2022 sucked.)


-- 
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Regards -

- Andrew
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