I just received my first K-1 - I'm a new investor. I know I claim the capital gain or loss on Schedule D; but where do I report the dividend I received? Is it Schedule B or another form? Thank You.
Interest income goes on Sch B.Net rental real estate income goes on Sch E.If you plan to invest in MLPs, I'd strongly advise you to use Turbotax.
Use Sch.-P for Ponzi!