A couple of questions:
1) Have you maintained a basis schedule of your investment?
2) Section L of your K-1. What box is checked?
3) Section L of your K-1. Is your beginning capital positive or negative?
4) Do you have suspended losses?
5) Do you have an amount reflected in box 19 code A?
*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.
