Two questions-
I sold an MLP last year that was a long term loss. It does not have detail in boxes 9 or 10. My confusion is how to handle the 'gain subject to recapture as ordinary income'. The Sales Schedule tells me to put the amount as negative in col G of form 8949. It also tells me to put the amount in line 10 form 4797 but is not clear if that should be a negative or positive.
I sold another MLP last year that was a short term gain. The Sales Schedule tells me to put the same as negative in col G of form 8949 but it does not even mention form 4797. Shouldn't I be doing both the same?
