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April 8, 2022
Question

Do I have to report my K1 for an ETF(SVXY) showing income for a ETF I have not sold throughout the tax year. (C) in box 11 of the K1 Section 1256 Contracts

  • April 8, 2022
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April 8, 2022

yes,  in a partnership you are taxed on the income regardless of whether or not you sell your interest and even if you don't receive a distribution of the income.