Thanks Mike, awesome reply.
Yes, there is a supplement that has all the information you describe and allows me to back into the basis of the 300 units sold. Unfortunately, there is also a huge value in the Column 7 recapture box, which is shifting the capital losses on the 300 units sold to ordinary losses, which then are being disallowed. I would assume (I could be wrong) that the disallowed losses are caused in TT because the software is seeing just a partial disposition, not seeing a total disposition. Solution: help the software see there is a total disposition.
I'm guessing that if I do two K-1s in TT for this PTP, the first K-1 being a total disposition of the 300 units, the full losses will go through. The second K-1 for the reacquired 500 units were bought in December 2023 with no distributions, and little time for internal income/losses, so the basis should be simple enough to deduce.
The key would be to do the two K-1s, sort of like what TT requires when there are figures in more than one box 1, 2 or 3.
Mike is that the right path forward? If so, I will do a draft test in my TT 2023 return to see if the 2 K-1s make a difference, and report back. Thanks.
