After much noodling around and reading all the suggestions (and talking to my accountant), here's what I did:
1. I did NOT do a download of 1099-B from Fidelity as I knew that much of the information was wrong (other than the sales proceeds.)
2. I did not use the Step by Step as noted by some others.
2. I set up 4 (yes 4) 1099-B transactions, one each for LT and ST capital gains and one each for LT and ST ordinary income.
3. Long term percentage of 90% was reported in the K-1 attachment, so
Sales price less negative cost basis = total gain less ordinary income = Capital Gain x Percentage (90%) LT gain=LT Capital Gain. I coded this as "E"
4. Short Term percentage was 100% minus 90% = 10% so
Sales price less negative cost basis'total gain less ordinary income = Capital Gain x Percentage (10%) = ST Capital Gain. I coded this as "B"
5. Ordinary Income reported on the K-1 Attachment ($9,573) x 90% = Long Term Ordinary Income. I coded this as "E". I checked box 13b as "Ordinary Gain/Loss"
6. $9,573 x 10% = ST Ordinary Income. I coded this a "B". I checked box 13b as "Ordinary Gain/Loss"
7. I checked by 2018 return for passive losses that would carry forward into 2019. I had none.
So I think I got this close.
I am happy to hear any comments as we have a lone time before we are required to file the 2019 return.
