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Thanks for the reply KarenM90 - To Answer...

There was $22,000 of total company Income for 2019. At 29% Ownership, I get roughly $6,300 of Income that belongs to me, as the sale of the company finalized at year end. There were no other losses/distributions/contributions in 2019.

 

I think the better question I could have asked is... In what way do all the years (2005 through 2018) affect my basis? After all, I know from K-1s, that my portion of the basis at the end of 2017 was -$50.1K, and at the end of 2018 was -$82.3K

 

Anyway, very confusing...

 

No matter what, thanks for the reply KarenM90