Hard to analyze over a forum, but something is not working based on the information provided.
A couple of follow-up questions since tax basis is checked on the K-1:
1) In Section L what is reflected on the distribution line?
2) Are you saying that only $293 is reflected on your final K-1 in box 19 code A?
3) Are you saying that Section L on your final K-1 reflects an ending balance of $12,155?
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
