Discussion in 'Stocks' started by sc85, Mar 19, 2009.
Will they send K-1 form for trading these two ETFs?
More than 100 views and none knows the answer?!
Aren't K-1's for partnerships? I was not under the impression FAZ or FAS were partnerships.
Please elaborate on why you asked the question.
He is probably asking this question since many of us are getting K-1's in early March, mid March, and today. Actual LTD (tax shelters, and PIGS Passive Income generators) partnerships have been coming in late Feb early March. Just because its an ETF , doesnt mean it isn't an actively traded partnership. As an active trader I am still receiving K-1's, even though I have held these for days, and sometimes weeks.
Presently have received K-1's for DBA, UNG, DBC, my problem is I actively trade my childrens accounts, and although they are dependents I still submit 1040's for each, and the paper reduction act of 19XX, has turned out to be more paper, more work and more time.
These have been a mess, since today received revised 1099's. Last year received 3 revisions of 1099's till April 12th.
Separate names with a comma.