Hi I'm relatively new to this forum and have a few questions I was wondering if anyone on this site can help me with. 1) I received a K1 from USO with pass-through income of $2,100 that I did not receive. Do I owe taxes on this? If so, do I just report this as income and than adjust my cost basis up for the actual USO security? 2) If I received tax dividend but paid out even more dividend from my shorts, can they be netted out like with interest income and margin expense? 3) Does anyone have a name of a good CPA who is familiar with doing taxes for day traders in Los Angeles? Thanks.