@navycrab1 On a sale, there's Capital Gain on 1099-B / Form 8949 / Sched D, Ordinary Income on Form 4797 which flows to Sched 1 line 4, and Sched E losses which flow to Sched 1 line 5.
If you're following the method in this post, none of those will be double-counted. If you're allowing the K-1 interview to calculate the Cap Gain and create its own 1099-B, then you have to deal with the one you got from the broker.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
