So, enter the PLP's income info in the K1, indicate that you did dispose of (in my case partial) interest, enter the purchase and sales dates, but skip the price and basis section. Then use the K1 adjusted basis to populate the sale info in the 1099? In my case, all of my PLP sales are listed as N/A for basis in the broker's 1099, so I should update that with the basis from the K1?
