@nexchap thanks a lot for all your advices on MLP K1 reporting, super helpful. I have a question wrt Schedule E. I followed your process adjusted the cost basis on 1099 to get the 8949 capital gains right and used the K1 interview only for the ordinary gains. I also had complete dissolution as I sold all shares within the same year. The ordinary loses I have are correctly shown on 4797. However my issue is the the same loses are also shown in Schedule E. Is that normal? Looks like ordinary gain/losses are double counted for 1040. Am I doing something wrong? I haven't seen schedule E mentioned in the forum so far. Thanks!
