In case you were wondering, the amounts reported as the built in gain are based on the fair value of ET units received on the merger date (10/18/2018) -- approx $17.05/unit -- less your closing ETP partner capital account balance "withdrawal" (subtract any Box 19 distributions included in this amount) per Part II, section L on your K-1. This ETP withdrawal amount/ending ETP capital account is your adjusted basis in your new ET units. Continue reporting all ETP K-1 items using the separate schedule provided by ETP and ET in 2018, and ET in future years. All ETP Suspended losses will be recognized when you sell your ET units.
