Perhaps related or unrelated to stock sales, I did sell some units of this PTP last year. In one transaction of several, a sales schedule with the K-1 reflects the sale as below. The gain was long-term. What if any changes do I need to make after importing the broker's statement?
Purchase Price 133
Cumulative Adjustment to Basis -56
Cost basis 77
Gain subject to recapture as ordinary income 51
Cumulative Adjustment to basis Adjusted for Bonus -46
Gain subject to Recapture as Ordinary Income Adjusted for Bonus 41
