I received a Schedule K-1 form from the ETF USO. I am a full-time college student and a dependent. Everything on the form is 0 but line 11 (Other income (loss)) has 27. Do I need to report it?
Yes - You do have to report it if you are required to file a tax return. To see if you're required to file a tax return please see these TurboTax Help articles:
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