This is an area that has spawned a lot of confusion, and a lot of Q&A. Here's a thread that can hopefully clear up most questions (its written for MLPs, which always have Ordinary Gains, but applies to any PTP): https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/how-i-report-the-sale...
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
