I sold all interest in PTP in 2022 and received a Sales Schedule. I also received a 1099-B from my Broker for the same sale. To avoid duplicate entries, I used two methods: (Method 1) adjusted the K-1 to have $0 in the Sales Price, Basis, and Ordinary Gain, and modified the 1099-B to include from the Sales Schedule, the correct Cost Basis and Ordinary Income in the "Adjustments"; and (Method 2) included the sales in the K-1, and modified the 1099-B Cost Basis to be the same as the Proceeds for a Gain of $0. The taxes due are different between the methods, with a $32 dollar difference out of approximately $2400. Why might that be, and is either method acceptable to the IRS?
