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@nexchap & @tnguyen5 - I found that the "Ordinary Income" is somehow transferred to becoming an amount in "Sale Of Business Property". I was tweaking the amount of "Ordinary Income" in the K-1 interview; and, then I saw the change in the "Sale of Business Property" amount.
Thank you for your previous question, tnguyen. I really appreciate your answers, nexchap, for using this thread dealing with a sale.
Likewise, 2017 was for me a "Complete Disposition" of a "Publicly Traded Partnership" (MLP) and "This Partnership ended in 2017". I bought and sold my shares for a short-term loss in 2017. In addition, referring to, "...AND it will create a 1099-B for the cap gain/loss portion of the sale....", I did not import the broker's 1099, so I just followed the K-1 interview prompts. Nexchap, your directions have fit my situation almost exactly.
I suppose the push of that amount of "Ordinary Income" to "Sale Of Business Property" is not expected? What do we do to fix it?
Many thanks for your help
‎June 7, 2019
4:04 PM