My PTP has a K-1 and also has a "Sales Schedule Breakout" for when I sold some of the shares last year. I used the same broker when I bought and sold the stock and downloaded the data from the broker into Turbo Tax. The sales break out had the data below. Where do I enter these amounts? Do I need to make adjustments to what the downloaded data went?
Initial purchase price 174
Cumulative adjustments to basis -105
Cost basis 69
Gain subject to recapture as ordinary income 93
Cumulative adjustment to basis - adjustment for bonus -87
Gain subject to recapture as ordinary income - adjusted for bonus 75
(I have no idea what this stuff means and what "bonus" they are talking about. )
Thank you.
