Short Sale Rebate

mia1tht
mia1tht Member Posts: 1 Newcomer
in Filing my taxes

My Fidelity Tax Reporting Statement lists 1099-MISC transactions at the end, one of which is listed as OTHER INCOME and outlines 3 short sale rebates from my investment broker totaling over the $600 threshold. I'm completing my 1065 for my LLC and am trying to figure out if and where this should be reported. I only see references to reporting in box 3 of 1099-misc which is being reported to me. Thanks!

Answers

  • KeriC
    KeriC FreeTaxUSA Agent Posts: 186

    Thanks for asking. Unfortunately, our software only supports preparing Form 1040 series forms, so we are unable to provide advice on how to fill out your Form 1065 Partnership Return. You may want to reach out to a local tax professional with your question.

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