Yes -- that's exactly what should happen. That 8949 is usually a source of problems. You should have a 1099-B from your broker. Now that the Ordinary Gain is on your K-1, you go to the broker's 1099-B to change your basis so it calculates the correct Cap Gain/Loss.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
