@Sue45 Based on the numbers you included, you've got it right. Cost of 380 and gain of 70. As a double check, looking at it more practically, you paid $200 originally and sold for $450. So you had a profit of $250. Over the time you owned the partnership, you should have paid tax on that $250. So the $70 showing up on this year's 1099-B is only part of the picture, and suggests that the partnership reported $180 in income over the years that you already paid tax on.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
