I had this same frustration with my first K-1! What helped me was looking at each box on my K-1 form and checking if any of them have notes like "see attached statement" or reference codes that point to additional documentation. In most cases, if your K-1 has actual dollar amounts filled in the boxes (rather than codes or references), you probably have everything you need. Statement A is typically only required when there are complex items that can't fit in the standard K-1 format - things like detailed breakdowns of multiple types of income, foreign tax information, or special allocations. Try looking at your partnership agreement or any other paperwork that came with the K-1. Sometimes Statement A gets mixed in with other documents and isn't clearly labeled. If you still can't find it and your K-1 looks complete, you might want to call the partnership's accounting department before the deadline to confirm whether one should have been included with your specific situation.

I went through this exact same situation with my K-1 last year and it was so confusing! Here's what I learned: Statement A is only required if your K-1 specifically references it. Look for any boxes that say "see attached statement" or have footnote references - if you don't see those, you likely don't need Statement A. The tax software asks for it as a blanket question because some K-1s do require it, but many don't. Since you mentioned your partnership is small with just 5 partners and the K-1 looks complete with amounts filled in, you're probably dealing with a straightforward situation that doesn't need additional statements. Before the deadline, I'd suggest either calling the partnership to confirm (ask for whoever handles their tax preparation, not general admin) or try proceeding in your tax software by selecting "skip for now" or "I'll enter this later" options if available. Most software will let you continue without it if it's not actually required for your specific return.

Just wanted to add that if you're just doing simple buy/sell transactions on major exchanges, TurboTax Premium is probably fine by itself. I've been using it for 3 years with my Coinbase and Gemini accounts. The key thing is downloading the transaction history CSV files from each exchange at the end of the year. TurboTax has an import feature that usually works for the major exchanges. Just be careful about the cost basis - sometimes the exchanges don't track it correctly if you've moved coins between platforms. Also, remember that crypto-to-crypto trades are taxable events too! If you traded BTC for ETH, that's a sale of BTC and a purchase of ETH. A lot of people miss this.

One thing nobody's mentioned - if you received any staking rewards or interest on your crypto, that's considered ordinary income at the fair market value when you received it. Different from capital gains from selling!

Pro tip: get your congressman involved. Worked for me after my 3rd letter

Ugh, I feel your pain! I'm on my third 60-day letter for 2022 too. What's really annoying is they keep asking for the same documents I already sent. I started keeping copies of everything with delivery confirmations just to prove I sent stuff. The whole system feels broken honestly. Have you tried getting your account transcript online? Sometimes that shows what specific issue they're actually reviewing.

This exact same thing happened to me last month! I got a random $687 deposit labeled "IRS TREAS 310" and was completely panicked thinking it was a mistake. After checking my IRS transcript online, I found out they had automatically corrected an error with my Premium Tax Credit calculation from my health insurance marketplace. Apparently the IRS cross-references your tax return with information they receive from insurance companies, and sometimes they catch discrepancies that result in additional refunds. In my case, I had underestimated the credit I was eligible for. The key thing is that IRS TREAS 310 specifically indicates a legitimate tax refund - not a stimulus payment, not an error, but an actual refund from your filed return. If it was a mistake, they would use different processing codes. You should definitely keep the money and just wait for the explanation letter that will arrive in a few weeks. Don't stress about it - this is actually pretty common this year!

I work as a tax preparer and see this situation a lot! The IRS TREAS 310 code is specifically for legitimate tax refunds, so you can definitely keep that $843 without worry. What's likely happening is the IRS made an automatic adjustment to your return after processing it. This is super common this year - they're catching things like: - Miscalculated credits (EIC, Child Tax Credit, etc.) - Overlooked deductions you qualified for - Math errors that worked in your favor - Interest on delayed processing The fact that it doesn't match any amount you recognize is actually normal - these adjustments often involve complex calculations with credits and phaseouts that result in seemingly random amounts. You'll get a CP11 or CP12 notice in the mail explaining exactly what they changed, but it can take 2-4 weeks to arrive. If you want answers now, definitely check your IRS online account transcript - it'll show the specific adjustment codes and which lines on your return were modified. Bottom line: IRS TREAS 310 = legitimate money that belongs to you. No need to stress about paying it back!

Has anyone here dealt with platforms that require your SSN even if you have an EIN? I'm dealing with one right now that claims they need both and it's making me really uncomfortable.

You're absolutely right to be concerned about that platform requirement! I had a similar issue with a platform that claimed they needed both my SSN and EIN. After some back and forth with their support team, it turned out their system was just poorly designed and they only actually needed the EIN for tax reporting purposes. Here's what I'd suggest: First, double-check their actual tax documentation requirements - sometimes the onboarding flow asks for more info than they legally need for 1099 reporting. Second, if they truly require both, that's a red flag and you might want to consider if that platform is worth the privacy risk. Most legitimate platforms should accept just your EIN on a properly filled W-9 form. The whole point of getting an EIN is to avoid using your SSN for business purposes. If they're insisting on both, I'd escalate to a supervisor or compliance team member who actually understands tax requirements.