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Level 1
April 11, 2026
Question

WHERE IN FORM 1040 TO REPORT LIMITED PARTNERSHIP IN A BROKER COMPANY LIKE MERRILL UNDER DISTRIBUTIONS AND CHARGES

  • April 11, 2026
  • 4 replies
  • 15 views
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4 replies

abctax55
Level 15
April 11, 2026

Meaning your client's F 1099-Consolidated is showing distributions from a partnership on one of the supplemental pages?

If so, your client is like invested in a Publicly Traded Partnership, and you need the K-1.

 

HumanKind... Be Both
Level 4
April 12, 2026

Sometimes the K-1 is available at https://www.taxpackagesupport.com/

If you have certain information, you can log in as a delegate and download your client's K-1s.

You create your own account and then you provide your client's TIN and you need one of the following:

K-1 account number OR Date of acquisition or disposition during the year OR unit balance during the year.

 
 

 

IRonMaN
Level 15
April 12, 2026

And the K-1 information gets reported on the partnership K-1 worksheet in the 1040 program

Slava Ukraini!
ljr
Level 9
April 12, 2026

you are looking for k-1's