@nexchap any chance you can clarify where the ordinary gains come from. my K1 was for UGL. it has no information on ordinary gains on the sales schedule. shows shares, date, purchase price, adjustment to basis, basis, and percentage long term. i have both long and short term gains which are also reported on the 1099B. i called turbo tax live and they told me not to fill out the K1 which just seems wrong. your method seems to make sense except i am not sure what are the ordinary gains. thank you so much
