@nexchap "@bobby46: If you followed the instructions, nothing from your K-1 went to 8949. But I don't understand what you wrote. If you had Ord Gain of 7, you'd put 7 in for Ord Gain. You'd put 0 in for Sales. And you'd put -7 in for Partnership Basis."
I looked at this post again and i saw what i was doing wrong. i was putting zero in the partnership basis box.
Now i entered -7 in partnership basis and +7 in ordinary gain. and this caused both my short term and long term gain to be zero on the next page. this seems to have fixed the problem. On 8949 now the correct cost basis and selling price of the MLP is showing up. this info in 8949 corresponds now to what i calculated in terms of my cost basis and what the selling price was per the 1099 b and brokerage info. Thanks a million.
