In general @Critter is correct.
However, what is not clear is if you are referring to a separate reporting related to a step-up in basis that is being passed through to a member.
If this in fact is the case, then you would net it with the applicable income or loss line in box 1, 2 or 3.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
