@Ruby14
If you are saying you agree with the tax capital basis as equaling your tax basis, then I would use this amount.
What this is saying is that you have a capital loss on the transaction that has not been accounted for.
I would input the selling price as the distribution of $91,513 which agrees to the K-1 (I can't explain why this doesn't tie to what you are stating, but if the ending tax capital is correct, then we will use this amount).
Next, for the cost basis, you need to input $130,913. This will then give you your $39,400 capital loss.
This amount is arrived as follows: Your ending amount of $39,400 has been reduced by the $91,513 distribution. You need to eliminate that distribution and you do so by adding it back to give you the $130,913.
Hopefully this will get you closer to what you were expecting.
*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.
