Thanks very much for responding to my question. Why not adjust amount on line 9a to reflect the gain/loss after adjusting for the 1202 exclusions? If I make a duplicate K-1, duplicate except for line 9a, then I would double the effect of other lines on the K-1, such as line 1 Ordinary Income, line 5 Interest income, etc. Seems like a thorny problem. The partnerships won't adjust line 9a because they don't want to take a tax advice position on whether the 1202 exclusions qualify even though the companies reported the 1202 exclusions. I would appreciate your further comments on this. Thanks again.
