@J295-- Interesting. I stand corrected. But I'd recommend confirming that article with an accountant. As an example, if you sold a portion of your MLP, you'd be able to use suspended losses to offset the ordinary income, but not to offset the capital gain. So being able to offset that capital gain in this case is a bit different.
Note that if you want TT to release suspended losses to offset that gain, you'll have to report the gain somewhere on the K-1 (like line 9a). At this point, keep really good records, since you're entries for the K-1 aren't going to match what EPD sent.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
