I received a K-1 for Suburban Propane Partners from Inergy and Different one from Suburban Propane Partners because of a buy out. My question is do I add these together when doing my taxes (using Turbotax) or is it 2 separate entry's?
2 K1s Same Company
Apr 09, 2013
2 Replies
"Retired" wrote
Remember that you're dealing with the IRS computers, and that those computers received two K1's. How many do you suppose you should enter so that the computers are happy.
I'd report them the same way they were sent to the IRS. You got 2 K1 forms, report them each separately.
Makes sense, thanks for your input.
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