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@Boyan Its a good example, but to really answer it you'd need to look at past K-1s for a couple things.  But in essence you're on the right track:

• The cash you spent years back was $2335.
• The cash you just got was $1596.  So a loss of $733 at first glance.
• But the $1830 'adjustments' is critical here.  Every dollar of that $1830 was either cash to you, or was a tax break somewhere.
  • The distributions you collected each quarter are included in that $1830.  Note that you referenced $554, but the 'recapture' number is not the same as distributions.  You're total distributions show up on the K-1 each year on line 19A.
  • There's a bunch of that $1830 that's a suspended passive loss, which you get to claim this year because you did the disposition.  That number isn't on your sales schedule anywhere, but TT has been tracking it.  And it will show up on Sched E this year.
  • There are other items in the $1830, but the above are the 2 major categories. 
  • The key point is that, although only some of that $1830 showed up as cash, the rest of it has been flowing through your taxes as deductions (either in past years, or this year when you get to release the 'suspended' losses).
• So when you add that $1830 back into the equation, you didn't take a loss on the deal.  You spent $2335, but received $1596+$1830, for a profit of $1091.  So congrats -- you actually made some money on an MLP 😊