Get your taxes done using TurboTax

@nexchap Using your method at the beginning of the message trail, I was able to correct the basis on my 1099-B and get ordinary income onto form 4797. It all appears to have worked so thanks for your help! However, I noticed that the Initial Basis Amount for the mlp on the 2020 Sales Schedule (full sale) is about $2500 less than the Total Cost Basis (around $60,000) from my 1099-B. I used the Basis Amount on the 1099-B to calculate my Total Gain and my Capital Gain, and then to calculate my LT and ST adjustments to basis. My question is whether it is usual to have a significant difference between the cost basis from the 1099-B versus the K-1 Sales Schedule and does this difference have any significance for other numbers on the K-1?