OK, given the information, I have to conclude the following:
1. I am a long term holder of this PTP, and am sitting on nice gain, so the wash sale rule is irrelevant to me. I did not ask about it, and I specifically said that I was looking for insight into the capital account balance, and nothing else. Yet the reflexive response is to discuss the wash sale rule. I guess the world is full of day trading idiots.
2. I am a long term holder of a large oil and gas midstream Publicly Traded Partnership. They generate tens of thousands of K1s. So I don't think they are going to "bend the wheels" and issue me 2 K1s just for me. But, maybe they do (and indeed have to) issue two K1s if you exit and re-enter a position in a PTP, as they would have to allocate income and deductions over the parts of the year you owned the partnership! If their K1s are tied to reporting for a complete calendar year of activity, then I will have to be out of the PTP on 12/31 in order to reset my capital account. I will have to call the partnership.
Thank you both for responding to my question!
