Tax basis

Mar 13, 2023 Last reply: 3 years ago 3 Replies

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.

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

I too have no expertise in this area.

But here is a discussion in the Quicken Community which appears to address the issue.

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