I sold all of an MLP in 2019 at a loss. Statement A that comes with the the K-1 shows a purchase price of $31,776, a cumulative basis adjustment of -$39,123, a cost basis of -$7,347, and a gain subject to recapture as ordinary income of $15,986. Do I enter the -$7,347 as my cost basis or do I enter zero as my cost basis? Also, on the K-1 form the -$7,347 is calculated so that when combined with the ordinary business income loss for 2019 my "ending capital account" is zero. So it seems that this is just a calculated number and not my real basis.
