items of income/loss for federal income tax purposes
line 1 - (178991) deductibility of entire amount depends on many factors see form 8582 if this is a passive activity
line 5 - 641
line 9a 405361
line 10 -146400
line 13AE - (6919) may be of no tax benefit because portfolio expenses are not deductible
net 366492 agrees with schedule L
you received distributions of 409853 (line 19a) against net income of the $366K. i see no issues. in some cases, with a partnership, you can pay taxes on income while getting no distributions in the same year. that's how they work.
9c is a subcomponent of 9a it's tax at a different rate than the other capital gains you might see it on line 19 of schedule D.
