I am confused about the link between line 9a on the K-1 and entries made which qualify for 1202 exclusions. For example, if the K-1 shows 9a=$1,000, but in the notes of the K-1, it shows some sales which qualify for 1202. Following the steps you outlined, may result in a different total long term gain. Do you have to manually compute the amount and enter it on 9a? The partnership who submitted the K-1 may have had gains or losses in companies other than those which are listed as 1202 qualified.
