For the Ordinary Gain line, you'd enter 9798 in the first column, and 9106 in the AMT column. You want to keep TT from calculating any Cap Gain/Loss here since you already have a 1099-B, so for Partnership Basis enter -9798 and -9106. On the next screen, you'll see that Cap Gain/Loss is 0. But the Ord Income will transfer to form 4797.
On your 1099-B, you'll change the cost to report the correct Cap Gain/Loss. The K-1 should walk you through the math, but its [purchase cost] less [cum adjustments] plus [Ordinary Income]
Note: Edited to fix formula. Originally entered "less [Ordinary Income]" which is wrong
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
