Sue45
Returning Member

Business & farm

Now I understand the cumulative adjustments to basis better. Even I didn’t sell the shares last year, but there was gain value, and I had to pay tax for that. So, that $180 actually is gain adjustment because I paid tax last year already. So now I suppose just owe tax for the part that I never had paid tax before. 
Now, I just need to adjust my 1099B, right? I finished input my K-1 in TT, didn’t ask me about sale price or purchase price.

by the way, thank you so much for the reply! I read all your reply and learned so a lot! You definitely save my day, THANK YOU!