Regarding dmkn566's question about "Partner Level Adjustments to Basis", in my case this information was provided in the supplementary information that came with my K-1 tax package. In my case the instructions contained the following:
We have provided you with the Adjustments to Basis in Column 6, which includes partnership income, deductions, distributions, etc. To calculate your Total Gain or Loss in Column 7, subtract the sum of the Purchase Amount in Column 5, and Adjustments to Basis in Column 6, from the Sales Proceeds in Column 4. To calculate your Capital Gain or Loss in Column 9, subtract the Ordinary Gain in Column 8 from your Total Gain or Loss in Column 7.
I understood the partnership basis for input to TTAX is then the Purchase Amount (your original basis) plus the adjustments. The K-1 package I received included a "Ordinary Gain" value which I input on the TTAX Sale Information page.
