@spoede1026: Let's try this: ignoring terminology, the logic on a Sales Schedule is usually 1) figure out your basis based on all the adjustments the partner has allocated to you 2) figure out your TOTAL profit/loss on the sale (proceeds less basis) 3) split those TOTAL gains into 2 pieces: a) the cap gain/loss that is taxed at one rate and goes to 1099-B --> Form 8949 --> Sched D and b) the Ordinary gain that is taxed at regular tax rates and is reported on Form 4797. So if you can figure out what 3a is, that is what needs to make it to the 1099-B. And if you can figure out what 3b is, that's what TT will handle if entered into the Ordinary Gain part of the K-1 interview in the sales discussion. But if your MLP isn't giving you the data to do that, I'm not sure what else to suggest.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
