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Thank you TaxationIsTheft1776 for the detailed explanation. This definitely helps clear up some of the concepts. 


I had similar Q that I posted here - https://ttlc.intuit.com/community/business-taxes/discussion/how-to-file-a-k-1-correctly-if-robinhood...

 

From reading your post, it seems after entering the Sales Info section in K-1, I should just go and delete the entries added by importing 1099-B from Robinhood (USO sale was made on multiple dates that's why mutliple entries). But My problem is I see you mentioned that the Broker (Robinhood for my case) wouldn't report Cost Basis for this transaction. But I see in 1099-B tax document received from Robinhood it says "Basis is provided to the IRS" for all the USO sell transactions. 
So I'm not sure then I should still just delete these entries. 
Please help 

Thanks.