short-long term gains and losses

JERRY LATZKE on

When I divide the short-long term gains and losses by the %
of my club ownership, I do not come up with the same figure
that appears on my K-1
QUESTION:
What others items are factored in by Bivio to arrive at
these
different numbers
Thank you

iras1 on

Each gain or loss is allocated to the members based on the % ownership on the date of the transaction, not the 12/31/08 % ownership.

Ira Smilovitz

In a message dated 03/21/09 23:08:33 Eastern Daylight Time, jlatzke@bivio.com writes:

When I divide the short-long term gains and losses by the %
of my club ownership, I do not come up with the same figure
that appears on my K-1
QUESTION:
What others items are factored in by Bivio to arrive at
these
different numbers
Thank you

Jim Thomas on

Your percent ownership of the club varies during the year. Individual items
are allocated among club members based on each member's percent ownership of
the club at the time each item occured.

> When I divide the short-long term gains and losses
> by the % of my club ownership, I do not come up
> with the same figure that appears on my K-1
> QUESTION:
> What others items are factored in by Bivio to arrive
> at these different numbers

-Jim Thomas

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