So are you saying that for the K-1 interview, I should leave these entries below blank?
the section you are showing appears tp be where ordinary income on sale is reported. you have none .
in other words, I can't tell you what the correct number to use on the 1099-B for your tax basis. The broker uses type B which means it doesn't report your tax basis to the IRS.
This isn't correct. The broker's 1099-B listed the sale with Box A checked - short term transactions for which basis is reported to the IRS. Do I need to manually adjust the basis for this sale in TT in the investments section?
can't tell you why the broker uses A. they do not get the k-1's so if there was any adjustment to basis for say income/loss or distributions they would not know about them and would not adjust your purchase price
I would suggest you go to the Tax Package Support website for this entity and call to see if you can use LIFO costs so the numbers match the broker's statement. If so the corrected K-1 would not be out until after 10/15 so you would be filing after Turbotax closes e-filing for 2022 which would require you to mail in your return. if you file with the broker's numbers which are different than what the partnership reports then technically you are supposed to include with your return form 8082 Notice Of Inconsistent Treatment. even using the Partnership numbers may not be correct because of the wash sales.
