@nexchap,
Hello, I am working on reporting the K-1 and the sale of one MLP. I bought and sold all the shares in 2020, nothing left.
I purchased the shares of this MLP on 4 different dates: 4/17/2020, 4/22/2020, 5/11/2020, 6/5/2020 and there was a reinvestment on 5/12/2020 (0.99 unit).
I sold all the shares (including the reinvestment unit) on the same day: 6/10/2020.
On my 1099-B however, there is only one line for all these transactions with a blank for the acquired date and 6/10/2020 for the sold date.
On my Schedule K-1 Form 1065, in the sale schedules, there is also only one line, like on my 1099-B with the same sale date 6/10/2020. I also have an ADJUSTMENT TO BASIS and an ORDINARY INCOME in the table.
My question is: during the K-1 TT interview for this MLP, on the "Enter Sales Dates" page, how should I enter the dates? For the Purchase Date, should I enter the first date only (4/17/2020) and ignore the other dates? And 6/10/2020 for the Sale Date?
For info, before this, in the previous pages, I checked the boxes This partnership ended in 2020 and then Complete disposition.
Thank you!
