Hello,
I am concerned about double reporting income and/or not reporting it correctly. This is for a return I did last year that I am now questioning the accuracy of. I am attaching the relevant parts of the 8949, 4797, and K-1 forms. The 8949 I believe to be based on the 1099B and I think I definitely have an issue with the cost basis at a minimum. The rest is based on what I entered on the K-1 Sales Information part. This was a complete dissolution of Magellan, if that helps. I am questioning this as I fill out this year's taxes and seem to be getting different answers in my search.
Thanks in advance for any advice.
