Business & farm

wrong

basis

+3939 purchase price

-1652 adjustments to basis

+1818 751/ordinary gain

=4105  total basis for capital gain/loss

*4690 salrs price 

=585 capital gain

 

line10  shouldn't be there since that says sales price and tax basis not reported to the iRS but it was reported so the type should be e

 

 

it would seem you enter the 1818 in the wrong place that only goes on the sale schedule for the k-1

only the 1818 goes on the k-1 sales schedule

 

since the sale is ewported on the 1099-B you have apparently reported the sale twice

the 8949 only shows the capital gain portion of sale type e since the proceeds are on the 1099-B

 

 

looking at what you did you reported everthing on the k-1 sales schedule which is wrong 

only the ordinary gain is entered as the sales price with 0 as tax basis

 

 

 

so line 9 type e form 1099-B should show sales price 4690

you change the reported basis from that shown on the 1099-B from 3939 to 4105